You mean the spending levels that added 7.5 trillion to the deficit?
Their are three ways to balance the budget:
1. Cut spending
2. Raise taxes
3. Both 1 and 2
None of these address the fairness of the tax system. A flat tax is one perception of a fairer system than the current one. Their are two common misconceptions about a flat tax among the lesser informed public.
The first is that the average person’s taxes would go down. This is not only false, it is the exact opposite of reality. The second is that corporations would pay more. This is also the exact opposite of reality.
In fact, a flat tax would reduce the the taxes paid by those in the upper tax brackets, including big corporations. Both are currently paying far more than the proposed flat tax rates.
The one perception that may be correct is that all taxpayers would have some skin in the game instead of the 53% who currently pay taxes versus the 47% who don’t.