| Part of a series on Taxation |
| Taxation in the United States |
|---|
| Federal taxation |
| Authority · History Internal Revenue Service (Court • Forms • Code • Revenue) Taxpayer standing Income tax · Payroll tax Alternative Minimum Tax Estate tax · Excise tax Gift tax · Corporate tax Capital gains tax |
| State and local taxation |
| State income tax State tax levels Sales tax · Use tax Property tax Land value tax |
|
Federal tax reform
|
|
Taxation by country
|
The Hall–Rabushka flat tax is a fully developed flat tax on consumption designed by American economists Robert Hall and Alvin Rabushka at the Hoover Institution.[1] Loosely speaking, Hall–Rabushka accomplishes this by taxing income and then excluding investment. An individual could file a Hall–Rabushka tax return on a postcard. The Hall–Rabushka flat tax may include an exemption, which allows the tax to preserve progressivity.
In the United States, extensive tax reform has not taken place since the Tax Reform Act of 1986, and like other tax reform, the flat tax has not advanced far in the U.S. political process. However, Eastern Europe has enthusiastically embraced the flat tax after the fall of the iron curtain. Hall and Rubushka have consulted extensively in designing these flat taxes.