One place where the conservatives and I agree is that we’d both like to see a ‘flat tax’ replace the current federal tax scheme. It turns out there is a way to gradually implement a flat tax, beginning with the highest income taxpayers, and all Congress has to do is… nothing.

If Congress simply leaves the Alternative Minimum Tax (AMT) where it is today, gradually, as inflation takes its toll, we will all become covered by the AMT. In effect, we could all file an AMT short form. No more schedules A and B, or the long form 1040.