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Everything would be so much better if there was just a simple flat-tax. Same tax for all buissness and people. Same tax for incomes of all kinds. And before th
by nickik 11y ago
Everything would be so much better if there was just a simple flat-tax. Same tax for all buissness and people. Same tax for incomes of all kinds.
And before the Progressives start rioting, its easly possible to make it somewhat progressive. Then we can foreever argue if it should be more or less progressive.
The amount of time saved by people and more importantly buissnesses is quite extraordinary. Additionally it would make finding tax cheaters far easier. The IRS could be much smaller. That also has positive effects on privacy.
The book "The Flat Tax" was released in 1981 and was implmented in some of the countries that became free after the collapse of the USSR.
I highly recommend this 1h podcast with the auther of the book:
http://www.econtalk.org/archives/2007/04/rabushka_on_the.html http://www.econtalk.org/archives/2007/04/rabushka_on_the.htm...