Selected Heritage Foundation Studies on the Flat Tax
Economic evidence proves that when tax rates are reduced, the economy prospers, tax revenues grow, and lower-income citizens bear a lower share of the tax burden. Examining three decades -the 1920s, the 1960s, and the 1980s-Mitchell shows how tax policy can affect the economy and the Treasury, and provides suggestions for changes to tax policies in the 1990s. Heritage Lecture #565, Taxes, Deficits, and Economic Growth, by Daniel J. Mitchell (May 14, 1996) Comparing the two dominant schools of thought on the causes of economic growth, Mitchell ex- amines whether a balanced budget or a lower tax...
Source: heritage.org