[GSlob]

I do not see any extra advantages, to tell the truth, that European goods would bring their countries. The stuff is very expensive, and IMHO, the quality is frequently lagging behind the price. There are exceptions, of course, for SOME of it is very good and not that expensive. By simply moving to flat rate income tax the country could save on costs of tax compliance, and hopefully enjoy other benefits of the economic growth from encouraging capital formation and deployment.

[pigdog]

You seem to be intentionally overlooking the substantial downsides to the any income-based tax in supporting some idea of a flat tax ... which flavor of flat tax do yu support?

[Conservative Goddess]

But any system of income taxation is not eligible for border adjustment. That is a HUGE ball and chain for onshore manufacturing concerns....and largely the reason they went offshore. We MUST abandon income systems of taxation. Please see: http://www.inquit.com/461/wto-and-tax-subsidies