1.   Forbes would not tax income from stocks, bank savings or the sale of property, though Gramm and some others would.

2.   It does not matter much whether the government taxes the incomes of rich people or taxes the goods that rich people buy.

3.   This was and still is called the imputation system which ensures that dividend income is only taxed once.

4.   The purchaser will not necessarily wish to be paid as if the income had been taxed.

5.   Part XV could apply to tax the income upon the American resident.

6.   Those Cases give the taxpayer the benefit of the remittance basis.

7.   Americans also reject the idea, put forth by Forbes, that only wage and salary income should be taxed, exempting interest and dividend income.

8.   And Gephardt would tax investment income as well as earned income.

9.   Archer would tax all income from casinos and other gambling operations on Indian reservations.

10.   A. A key principle of most flat tax proposals is that all income be taxed, but only once.