What are the advantages and disadvantages of the flat tax system?

  1. Shelly McRae profile image81
    Shelly McRaeposted 6 years ago

    What are the advantages and disadvantages of the flat tax system?

    Smaller countries use this type of tax system. Is it a viable system for a country as large and financially diverse as the United States?

  2. FREEWORKING profile image60
    FREEWORKINGposted 6 years ago

    tax system should be to level each community and caste and there is no way to make rich more richer and poor more poorer. So tax should be according to income level and not flat tax system

  3. Doc Sonic profile image92
    Doc Sonicposted 5 years ago

    Flat tax success stories are fairly easy to find. A number of countries have seen impressive economic growth after adopting the flat tax idea. This is especially true since the fall of the Soviet Union. As countries formerly under Soviet communist... read more

 
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