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Mr Matolcsy and Viktor Orbán, the prime minister, wanted to add to demand by instituting a flat tax, plugging the revenue gap with a windfall tax on banks.
The newly peppy speeches sound like an infomercial, in which Mr. Forbes explains how we can all become winners in the game of life by instituting a flat tax and privatizing Social Security.
Barack Obama could sideline Republicans by instituting a flat tax, but this is likely too progressive for this president.
Similar(57)
It is a scorched-earth agenda, ranging from ending Obamacare, "ripping up" the Iran nuclear deal, undoing every "unconstitutional and illegal" executive action ever taken by President Obama and starting the process of abolishing the Internal Revenue Service and instituting a flat tax for all.
And to do that, some of them have chosen to completely eliminate tips in favor of raising menu prices or instituting a flat service fee charge.
Eventually, conservatives joined the tax reform debate, focusing on the idea of instituting a flat-rate tax system.
The KSG algorithm corrects this by instituting a random choice of the nearest neighbor parameter k.
On the fiscal side, Mr. Day, a former Alberta treasury minister who instituted a flat income tax for his province, preaches that by cutting taxes, Canada can reverse its southward-flowing brain drain.
Mr. Day, who instituted a flat provincial income tax as treasurer of Alberta, warned, "Canadians have a right to be skeptical about a Liberal government promising tax cuts".
PETE_NEWCOMB: Steve Forbes would say it's because Russia instituted a flat tax.
He drastically cut taxes on businesses and individuals, instituting a simple flat income tax of 26percentt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com