The Corner

Economy & Business

Today in Capital Matters: Flat Tax

Jonathan Williams and Nick Stark of ALEC write about states adopting flat taxes:

The drive for a flat tax, started by the great Steve Forbes many years ago, may have stalled at the federal level, but the idea is finding new life in the 50 “laboratories of democracy.” As 46 states just kicked off their new fiscal year on July 1, and we reflect on some of the major policy changes that have transpired, it is evident that a flat-tax revolution is already underway.

In 2022, a new record of four states — Iowa, Mississippi, Georgia, and Arizona — have made the leap from a progressive tax on personal income to a flat tax.

Read the whole thing here.

Dominic Pino is the Thomas L. Rhodes Fellow at National Review Institute.
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