And we don’t have that now ? There’s a huge underground economy now. Tax cheats will always be with us.
What is a “low rate” on the current income tax ? Do you consider paying 15-50% of your income to be low ? I don’t.
get rid of all the deductions and loopholes and then you can lower the rate. All sectors would be taxed the same instead of whacking retail with a big rate and leaving everything else alone. Why would anyone want to be in retail anymore unless it was underground?