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Steve Forbes Argues for a Flat Tax

Complete video at: Forbes Magazine Editor-In-Chief and two-time Republican Presidential candidate Steve Forbes slams U.S. tax codes as inefficient and overly complicated, and argues for the implementation of a national "flat tax" to replace the current system. ----- Leading economic prognosticator, Steve Forbes says the upcoming presidential election is the most critical since 1980. At that time, Ronald Reagan defeated incumbent Jimmy Carter, ushering in dramatic new policies that would set the course of this country for the next quarter-century. What course does Forbes believe the country should take to end the current credit crisis? Will he promote a flat tax, medical savings accounts and a new Social Security system as he did for his 1996 and 2000 presidential platforms? Join us as we discuss what's next for the U.S. economy - The Commonwealth Club of California Steve Forbes is President and Chief Executive Officer of Forbes and Editor-in-Chief of Forbes magazine. Since Mr. Forbes assumed his position in 1990, the company has launched a variety of new publications and businesses. They include: Forbes FYI, the irreverent lifestyle supplement; Forbes Global, the magazine's international publication; and Chinese, Korean, Japanese, Brazilian, Russian, Arabic and Hebrew editions of the magazine. Forbes also publishes the Gilder Technology Report, as well as a number of investment newsletters. In 1997 Forbes entered the new media arena with the launch of The site now attracts over seven million unique visitors a month and has become the leading destination site for business decision-makers and investors.
Length: 03:48


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