“In its purest form, a “flat tax” treats all taxpayers equally. Income is taxed at the same rate regardless of earnings or wealth, while allowing for no tax deductions or exemptions. But Cruz said his flat tax proposal might allow some deductions, possibly for popular write-offs like for charitable donations and mortgage interest charged on a primary residence, paid annually by homeowners.”
When you allow even one carve out, here come the special interest lobbyists. Better to bite the bullet and say no exceptions. That let’s you get the standard tax rate to the lowest possible level for everyone, while playing no favorites.
I agree. Once you start with the exemptions and deductions you’ve opened the door and it won’t stop there.
Keep it fair. A flat rate for everyone. No deductions or exemptions. Everyone pays the same rate. It is simple, fair and you avoid all of the special interests and lobbying.