Why tax reform is impossible by Milton Friedman

In honor of tax day.  Enjoy.  Take 15 minutes and ponder.  What will you advocate for equity and justice in America in the next year?

In 1978, a flat tax of 16% would equal in total revenue the graduated tax system of 14%-70%.

There is a defect in our political structure.

The right solution is not to elect the right people to political office, they will be subject to the same pressures…

The right solution:  “Make it politically profitable for the wrong people to do the right thing.”

Increasing Government Spending is always more politically profitable …

 

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