Mr. Speaker, the Reform Party embraces a flat tax. This is at a time when multimillionaire Steven Forbes has been rejected even by the far right of the United States in his attempts to convince the American people the logic of this tax.
A tax which would lower taxes to those earning more than $200,000 while increasing the taxes of already overtaxed middle class people earning between $35,000 and $65,000 is the agenda of the Reform Party. Robin Hoodism in reverse. Taking from the less wealthy and giving to the wealthiest is the agenda of the so-called Reformers.
What else would a flat tax do? It would not tax interest. The banks will be very supportive. It will eliminate lower rates of income taxes for small and medium size businesses. So much for the Reform Party's job creation programs which will reduce small business employment while lining the coffers of financial institutions.
Reform thinking on flat tax is the same as those who thousands of years ago believed in a flat earth, the neanderthals of tax reform.