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Feb 08

The Great Flat Tax Debate

A business transfer tax (a BTT) is a flat rate consumption tax collected at the business level. A BTT has been proposed by Senators Cruz and Paul and was incorporated into now Speaker Paul Ryan’s Roadmap for America’s Future. It is sometimes called a business activity tax, a business flat tax or business consumption tax. Replacing the current tax system with a BTT would promote economic growth by reducing marginal tax rates and eliminating the double taxation of savings and investment. Some free market advocates, however, are critical of the BTT, calling it a value added tax (a VAT) and arguing that it would make it easier to raise taxes in the future. Join us as our panel explains what a BTT is and debates the pros and cons of this tax reform option.

More About the Speakers

Douglas Holtz-Eakin
President, American Action Forum and former Director, Congressional Budget Office

Steve Moore
Distinguished Visiting Fellow, The Heritage Foundation

Daniel J. Mitchell
Senior Fellow, The Cato Institute

Veronique de Rugy
Senior Research Fellow, Mercatus Center, George Mason University

David R. Burton
Senior Fellow, Economic Policy, The Heritage Foundation

Hosted By

Paul Winfree Paul Winfree

Director, Thomas A Roe Institute for Economic Policy Studies and Richard F. Aster Fellow Read More