Soak “the rich” while talking about fairness. His tax plan is a flat tax that is, as always, not really flat. Ben says: “My proposal stands alone among all candidates’ plans as a true 14.9 percent flat tax – with no deductions, no tax shelters and no loopholes.” But Ben then says:
To protect those rising from poverty, the flat tax applies only to income above 150 percent of the Federal Poverty Level (FPL). For example, a family of four will not pay the 14.9 percent tax on their first $36,375 of income.
To treat everyone in America as citizen-owners, those whose income is at or below 150 percent of the FPL will be responsible for a de minimis tax payment annually.
In other words, a heavy progressive income tax that Karl Marx would be proud of.
1:31 pm on January 8, 2016