Flat Tax is a single tax rate, which is coupled with the elimination of all or most exemptions, on all taxpayers.
The current U.S. Income tax is progressive; it increases the rate paid by the taxpayer as income increases. Flat Tax supporters call that unfair and state that the Flat Tax treats all tax payers equal as it has one single bracket.
- # Steve Forbes, 2005. Flat Tax Revolution. Washington: Regnery Publishing. ISBN 0-89526-040-9