Tuesday, December 13, 2016

The 15% Flat Tax Coninues To Percolate In Italy

Armando Siri explains his 15% Flat Tax in Italian.

Go to Armando Siri's web page on the Italian Flat Tax

http://tassaunica.it/

To watch the video click on the video play button.

For the English book cover of his Flat Tax see below. An English language edition of the book is forthcoming.


Monday, July 4, 2016

Personal Income Flat Tax Retreat: Summary And Update In Chronological Order

Iceland

2007:  36% flat rate combined national and municipal
2010:  24.1%, 27%, 33% national plus additional municipal tax rates
           of 11.24-13.28%

Czech Republic

2008:  15% flat rate
2013:  15%, 22%

Slovakia

2004:  19% flat rate
2013:  19%, 25%

Albania

2008:  10% flat rate
2014:  13%, 23%

St. Helena

2012:  25% flat rate
2015:  26%, 31%

Ukraine

2004:  13% flat rate
2007:  15% flat rate
2011:  15%, 17%
2015:  15%, 20%
2016:  18%, 20%

The IMF, other global organizations, and a large majority of economists and tax specialists around the world oppose the flat tax on ideological grounds.  They have been working relentlessly for several decades to replace the flat tax with multiple, graduated rates.