Now, it would be ridiculous for me to propose that Federal taxation should be completely flat with everyone paying the same amount. For example, as The Plank suggests “Charging everybody the same tax rate might sound simple. But it would actually impose a much harsher burden on the poor, since they end up spending much–if not all–of their incomes on the basic necessities of life, such as food, clothing, and shelter.” But, let us take a step back and look at how extreme Obama’s proposal really is. Under his plan, three out of every five voters will pay nearly nothing in taxes while the taxes will steeply rise for the other 40% of Americans. John McCain is absolutely right it saying that this sounds like socialism. How can only 40% of the country bear the full burden of Federal taxation? While, I will not resort to Nozick’s extreme, I will say that this surely does not ensure that Americans will be able to own the products of their labor. Let’s flatten the tax and (re)introduce the basic foundation of capitalism.