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?
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
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
by Cindy Pierre5 years ago
Could a flat tax work if it was implemented with exceptions?If a flat tax was implemented having exclusions like food, but a higher rate on luxury items would it work?
by Paul Swendson7 years ago
I'm no economics expert, but I've noticed that people from all sides of the political spectrum don't like the American tax code. Republicans always want to cut taxes, and Democrats want to close loopholes.It also seems...
by Peter Grant7 years ago
The Congressional Budget Office's latest numbers show that the wealthiest 10 percent of Americans pay about 70 percent of all taxes, while the poorest 50 percent pay about 3 percent. In fact, some people pay...
by Susie Lehto2 years ago
It would put more money in the hands of the working class, and provide growth and opportunities. It would eliminate taxes that are ridiculous (example: Obamacare). It would end the IRS and Washing cartel. It would...
by Alex J. Reissig5 years ago
Would you support a flat 15% income tax?Would you support a flat 15% income tax in this country? Other than a personal deduction (possibly in the neighborhood of 25k per individual/50k per couple) there would be...
by ekaiism6 years ago
What are the advantages and disadvantages of expository teaching?
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