Fair Tax for Favored Few

By Jerry Marsh

Last week in his regular legislative column in the Indy, Rep. Steven Johnson gave readers an important heads up: “We will be working on a single bracket or flat income tax ... .” The flat tax is a proportional tax that after a standard deduction taxes all income levels at the same rate.

Proponents like to label the flat tax a “fair” tax. The concept rests on the false premise that Joe Sixpack earning a median income or less and paying the same income tax rate as Richard Rich constitutes tax fairness. One might fairly ask where was this fairness concept when the legislature exempted the Favored Few from paying any state income tax at all?

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