'''Flat Tax''' is a single low [[tax]] rate, which is coupled with the elimination of all or most exemptions, on all taxpayers.
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The Flat Tax, as far as modern politics are concerned, was first popularized by [[Steve Forbes]] in his 1996 Presidential Primary campaign.<ref># Steve Forbes, 2005. Flat Tax Revolution. Washington: Regnery Publishing. ISBN 0-89526-040-9</ref>
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The current U.S. [[Income tax]] is [[Progressive_taxation|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.
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In 2008, [[Bulgaria]] joined the group of countries in Central and Eastern Europe that adopted a flat tax. <ref>[http://author.heritage.org/Press/Events/ev071708b.cfm]</ref>