Greenspan Talks Economics on Hardball

Greenspan Talks Economics on Hardball
http://video.msn.com/video.aspx?mkt=en-US&brand=msnbc&vid=e6ed2f93-a265-433d-bd08-45ee090e6edc

Greenspan talks about current issues such as Medicare, The Fairtax, Taxes, and the current state of our economy.

>>6

Flat tax supporters are fucking retarded, like this one. Our current progressive-tax system also started with a few loopholes and the amount of exceptions grew overtime. Even with a flat tax system, there will be more exceptions in the future because rich people will always find a way to save a buck.

The only incentive for not exploting this system as much is the fact that the rich awill save a shitload under this system, you dumb fuck. Also, flat tax never worked in any places that it was implemented in.