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Latest | Highest ratedEight Semi Picks From Those in the Know - Barron's [View article]
It looks like Mark Lipacis of Morgan Stanley made that statement...at least if you read entire paragraph
Oil Companies Paid More Than Bottom 75% of Taxpayers [View article]
Yeah a flat tax would be nice. The trouble is that absolutely no politician in their right mind would put in place a system that can't be manipulated. Their very existence is tied to being able to control things. Plus I'm sure all the tax lawyers and accountants wouldn't exactly be pleased to have a system that no longer needs their services. Then you have the "social engineers" who want to transform behavior through tax incentives and penalties.
A flat tax? Nice, but it's a pipe dream.