02 December 2007

Michael Kinsley: Simple Gifts

The problems with Thompson's and Huckabee's tax plans.

By Michael Kinsley

The American tax code is hideously and needlessly complex. People say they want something simpler. Now two Republican presidential candidates are probably committing political suicide by offering people what they say they want.

The central gimmick of Fred Thompson's recently announced tax plan is to offer people a choice. They can pay taxes under the current rules—with some juicy new breaks added from the big and small businesses wish lists—or they can pay a so-called "flat tax," with lower rates and fewer deductions. So, anyone who wants a simpler tax code could have one. But for some of them (people who get a lot of deductions now), the simpler tax will be a higher tax. How many people, do you suppose, would choose simplicity over complexity, even if simplicity will cost them more? My bet: approximately zero.

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