Friday, April 15, 2005

The Rockwell Rule

When it comes to taxes, the Rockwell rule is the right approach: Does it reduce or eliminate an existing tax? That is the issue. Changing to a flat tax, a national sales tax, a value added tax, a consumed income tax, or, as was recently proposed in Chronicles magazine by David Hartman, the chairman of the board of directors of The Rockford Institute, a business transfer tax, is useless if it doesn't reduce or eliminate the taxes that feed the federal leviathan's multi-trillion dollar spending orgy.

(from misis.org)

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