4 ms·
> A flat tax rate is not a good idea whatsoever Tell this to the nations which have successfully implemented a flat tax: http://www.economist.com/node/3860731
by cpursley 9y ago
> A flat tax rate is not a good idea whatsoever
Tell this to the nations which have successfully implemented a flat tax:
http://www.economist.com/node/3860731 http://www.economist.com/node/3860731
https://en.wikipedia.org/wiki/Flat_tax#Countries_that_have_flat_tax_systems https://en.wikipedia.org/wiki/Flat_tax#Countries_that_have_f...
It's ironic that a number of former Soviet countries have moved on to the flat tax, while the west has a progressive income tax (#2 plank of the Communist Manifesto).
- SimbaOnSteroids 9y agoIdk about you but I can't think of many former soviet block countries that have a healthy distribution of wealth between working, middle, and upper classes. Furthermore the list of countries given there are not places where you want to be poor.
- cpursley 9y agoI don't disagree. These countries often have systemic issues that go deeper than any one tax system can resolve.
- croon 9y agoAre you saying that flat tax is good, but that all countries that have implemented it coincidentally have other economic issues that are wholly unrelated?
- sol_remmy 9y agoex-Soviet countries like Romania and Poland are definitely on their away up. Compare them to slowly declining western European countries like Italy and Spain.
- sbalea 9y agoRomania and Poland were never soviets. Communist, yes. Behind the Iron Curtain, yes. Members of the Warsaw Pact, yes (Poland is kind of obvious on this). But never soviets.
- sokoloff 9y agoWhat is the list of countries where one would want to be poor?
- SimbaOnSteroids 9y agoObviously there isn't a list where you'd want to be poor , but I'd definetly rather be poor living in Sweden than poor living in Russia.