The flat INCOME tax does little to solve the problems we have with the tax code. Very little. In fact, it only does one thing: flattens the rate.
Does nothing to solve the problems of fairness, simplicity, transparency, privacy or efficiency.
Nada.
The flat INCOME tax does little to solve the problems we have with the tax code. Very little. In fact, it only does one thing: flattens the rate.That statement shows gross ignorance of what the Flat Tax really is. The most important feature of the Flat Tax isn't the flat rate, it's that, by taxing consumption, it removes the bias against savings inherent in our current system.