Capital Commerce
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Giuliani, Forbes, and the Flat Tax
Continue reading… 0 Comments"I've talked to a few of the presidential candidates, and it just baffles me," Dick Armey told me last week. The Republican former House majority leader now runs Freedom Works, a small-government advocacy group. What "baffles" Armey is the unwillingness of any of the major GOP presidential candidates to embrace major new tax cuts, particularly radical tax reform such as a flat or consumption tax. "Steve Forbes ran on the flat tax in 1996 and scared the other candidates half to death, even though he ended up losing in the primaries."