Steve Forbes Flat Quotations

Tax-cutter John F. Kennedy was right: A rising tide does indeed lift all boats. From 2005 to 2015 the flat tax would generate $56 billion more in net government income tax revenue than the current tax code, according to Fiscal Associates, whose forecasts are based on the method, in increasing use today, of dynamic analysis.

The flat tax is a tax cut. Any way you slice it, your tax bill will be reduced under the plan... Under the flat tax, 65 million returns, or 42 percent of all returns, would owe no tax by the year 2010. That's right. We'll say it again: Millions of lower-income people will not have to pay any tax.

The independent analysis of the flat tax also predicts that the flat tax will lead to nearly 3.5 million new jobs by 2011 that otherwise would not exist.