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blog/a-flawed-flat-tax-and-the-way-out-181

January 17,1996

The New York Times

The flat tax of Steve Forbes seems to have been rooted in the dictum that “what’s good for Bohemian Grove is good for America.” Indeed, it appears to have been drafted on the back of a menu, after a bibulous evening with the boys down at the yacht basin.

Under Mr. Forbes’s plan, the middle class looses all deductions for home mortgage interest and church contributions; the Federal budget would be thrown scores of billions of dollars deeper into deficit, and lounge lizards in Palm Beach pay a lower tax rate than steelworkers in Youngstown.

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