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All those sorts of flat tax ideas tend to fall down when considering how 'income' is calculated. Unless the policy says the state gets x% of every dollar of re
by kristjansson 5y ago
All those sorts of flat tax ideas tend to fall down when considering how 'income' is calculated. Unless the policy says the state gets x% of every dollar of revenue, which creates wild disparities between industries with different margins and generally upends the idea of 'income', such a policy is quickly in the business of deciding what expenses can be netted against which sources of income by whom ...