Specter introduces flat-tax

The Hill ^

[Sub-Driver]

Specter introduces flat-tax @ 3:25 pm by Eric Zimmermann

Sen. Arlen Specter (R-PA) has introduced legislation calling for a 20% across the board flat-tax. His office touts that the policy would replace the 17,000 page IRS code with a simple "postcard that could be completed in 15 minutes."

“My flat tax legislation would make filing a tax return a manageable chore, not a seemingly endless nightmare, for most taxpayers,” Specter said in a statement. “This legislation will fundamentally revise the present tax code, with its myriad rates, deductions, and instructions.”

Cynics may view the legislation as an attempt to ward off conservative challenger Pat Toomey in a 2010 primary, especially since Specter introduced it just two days before blasting Toomey in a new ad.

Specter's office points out that the senator first introduced the flat-tax in 1995.

[Sub-Driver]

for what it's worth.....

[maggief]

“Cynics may view the legislation as an attempt to ward off conservative challenger Pat Toomey in a 2010 primary, especially since Specter introduced it just two days before blasting Toomey in a new ad.”

BINGO!

[unixfox]

Is this a joke or waht? SPECTER? Specter the traitor?

[pissant]

Regardless of his reason, it’s probably the best thing he’s ever proposed.

[KarlInOhio]

Sen. Arlen Specter (R-PA) has introduced legislation calling for a 20% across the board flat-tax. His office touts that the policy would replace the 17,000 page IRS code with a simple "postcard that could be completed in 15 minutes."

What would the tax rate be without Porkulus, which was passed because of who's vote? Anyone, anyone? That's right, Specter.

[Niteranger68]

20%? No sale!

[domenad]

I see through this ploy like used Neutrogena.

[cbkaty]

For the last time...its Sphincter....!!!!!

[A. Morgan]

It’s not gonna fly, Senator Schpinter!

[ClearCase_guy]

Fair Tax is better.

[GLDNGUN]

Wasn’t April Fool’s Day yesterday?

[Elpasser]

Finally, someone stands up in Congress for a flat tax!

Go Arlen!!

[Little Ray]

Gee, Malcolm Forbes introduced this, what, decades ago?

[MissNomer]

Where is that picture of the postcard that says, “How much did you make last year? Send it in.”

[MrB]

Yeah, by taking advantage of a bunch of legal loopholes, it’s easy to get your tax percentage WAY below that.

[MrB]

No doubt.
Tax consumption, not earnings.

Earnings are a measure of what you contribute, not what you consume.

[stefeb]

Specter could care less about a flat tax. He’s just hoping to be elected again, and will say anything to achieve that goal. It doesn’t mean a thing, and he knows there’s not a chance of it passing.

What a weasel!

[numberonepal]

20%? No sale!

Hey, I'll take it. It's better than the 36% I already pay.

[unixfox]

Sorry, my bad.

[maggief]

Going rate in Scotland.

;)