On the recordJanuary 6, 2011
If you have a flat tax that generates the same amount of revenue, it is a mathematical certainty that people at the top pay less and people at the bottom are going to pay more.
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congress.govIf you have a flat tax that generates the same amount of revenue, it is a mathematical certainty that people at the top pay less and people at the bottom are going to pay more.
Conrad critiques the regressive nature of flat tax proposals.
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This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.
If we are going to make this whole system solvent, it is going to take everybody to give a little bit.
It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.