The tax code needs reformed, however it doesn't need to be made even more regressive.... Penalties on savings and investment? This is a nice way of saying the "job creators" will pay even less capital gains tax, and those of us actually working for our money, will continue to bear the burden of federal taxation. Flat tax is code for taxing the poor and middle class. The cost of essential items remains the same whether you make $10 or $100 an hour....But on $10 an hour a larger percentage of your net income goes to just keeping food on the table and a roof over your head. Flat Taxes place an u due burden on those already the most vulnerable in our society.