Flat Tax and Middle Class

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Abstract

Inconsistency exists in the political programs of “sovereign” movements. This is the flat tax  that should boost the economy because less tax levy should mean more liquidity for spending. This is the liberal response to Keynesian deficit spending under the banner of less state control. But when it was implemented, the flat tax did not produce a revival of the economy while reducing the social benefits of the state. Moreover, it has proved to be a boomerang for the middle class which is the electoral base of the sovereign political forces, because it leads as a final result, to the process of dependence of this class, of the working class and of private finance, which replaces on credit the social benefits previously rendered by the State through the tax levy. Reduction of taxes is possible, but the road must be different, namely reducing the weight of interest on the public debt by reprogramming the Central Bank to subsidize, at zero or without interest, the monetary needs of the State.

KEYWORDS: uniform tax, middle class, welfare, finances, central bank, currency

NUMBER OF PAGES: 12

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About Author

Luigi Copertino (Busto Arsizio, Varese, 1963) lives in Chieti. Doctor of Law, with a thesis in philosophy of law, regional official and journalist, he specialized in "Studies of legal and monetary values" at the chair of General Theory of Law at the Faculty of Law of the University of Teramo . Dealing with theological-philosophical-legal-political-economic thinking in close relation with the concrete nature of history, he collaborated with the chair of history and institutions of African and Asian countries of the Faculty of Political Science of the University of Teramo and with the Enrico Mattei Institute of Advanced Studies on the Middle-East, in Rome, in the Master Enrico Mattei " in the Middle-East. He taught at the Summer University of the Republic of San Marino on issues related to the historical-religious identity of Europe. Similar to didactic activities for the Summer University of the Republic of San Marino, on issues related to the historical-religious identity of Europe. He is a contributor to many cultural magazines and is the author of several books on themes of spirituality, history, political philosophy and currency.

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