Flat tax Quote by Michael Hudson
“On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top of the pyramid.”
About This Quote
Compressing tax rates spreads tax burden upward, effectively reducing taxes on the income generated at the top of the economic hierarchy.
In simple terms: Flat tax shifts tax burden upward.
Key Takeaway
Rate compression lessens top‑income tax.
Themes
tax policy
income distribution
economic hierarchy
fiscal design
Mood
analytical
objective
Type
economic
policy
When to use this quote
- policy debate
- budget planning
- wealth inequality analysis
Key Concepts
progressivity
tax incidence
Practical Applications
- economic modeling
- legislative drafting
Questions to Reflect On
- How does a flat tax affect revenue stability?
- What are the social implications of shifting taxes upward?
