America's history with the flat tax
November 21st, 2011
02:32 PM ET
10 years ago

America's history with the flat tax

(CNN) - Current Republican presidential candidates Rick Perry, Herman Cain and Newt Gingrich all favor some form of one. Past presidential hopefuls like Steve Forbes and Jerry Brown have advocated one. Noted economists like Milton Friedman have championed the idea. A flat tax - one constant tax rate applied on all income. However, the flat tax was more than just an idea in America's distant past. It was a reality.



Filed under: 2012 • CNN Radio • Herman Cain • Newt Gingrich • Rick Perry • Taxes