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Archive for Tuesday, April 17, 2007

Brownback defends flat tax plan

April 17, 2007

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Republican presidential hopeful U.S. Sen. Sam Brownback, R-Kan., talks to media during a campaign visit to a Catholic bookstore in Des Moines, Iowa. Brownback's campaign swing Monday touched on his plan for a flat tax on incomes.

Republican presidential hopeful U.S. Sen. Sam Brownback, R-Kan., talks to media during a campaign visit to a Catholic bookstore in Des Moines, Iowa. Brownback's campaign swing Monday touched on his plan for a flat tax on incomes.

— Sen. Sam Brownback, R-Kan., said Monday that his proposal to offer a flat tax isn't designed to replace the current tax system, but would be an option taxpayers could choose.

"I'm not taking on the current tax code from the standpoint of removing it," Brownback said. "I'm saying create an alternative and let people pick."

Brownback, who is seeking the Republican presidential nomination, used the upcoming tax deadline to focus on his plan to reshape the nation's income tax system. The deadline for filing federal income taxes is today.

Brownback, who spoke with reporters after meeting with customers at a bookstore in Des Moines, said his flat tax plan would not, at least initially, reduce federal revenue.

"Not as part of a systems change I am proposing," he said. "We would design a system that would yield comparable revenues."

Brownback said many details of his plan haven't been set but would be decided before the primary season begins.

One possibility is to require taxpayers to pick an option and stick with it for a period of time, likely five years, he said.

Businessman Steve Forbes sought the Republican presidential nomination twice, with the centerpiece of his campaign being a flat tax that would have cut deeply into revenues. He failed to get the nomination both times.

Brownback said he was pushing a more modest package as an option to the current system, which he called "unintelligible."

"You can call 50 different auditors with the same question and get 50 different answers," he said.

Comments

dotteboy 7 years, 8 months ago

The Free File program is a free federal tax preparation and electronic filing program for eligible taxpayers developed through a partnership between the Internal Revenue Service (IRS) and the Free File Alliance LLC, a group of private sector tax software companies. Since Free File's debut in 2003, more than 15.4 million returns have been prepared and e-filed through the program. Free File allows taxpayers with an Adjusted Gross Income (AGI) of $52,000 or less in 2006 to e-file their federal tax returns for free. That means 70 percent of all taxpayers 95 million taxpayers can take advantage of the Free File program. http://www.irs.gov/efile/article/0,,id=118986,00.html

Sam Brownback is "unintelligible". His jog at the Republican nomination is political suicide.

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