Re:Would You Let the I.R.S. Prepare Your Taxes? (2015)
by maxxxxx on Monday August 13, 2018 @04:59PM
(#17753598)
My impression is that most advocates want the flat part which reduces taxes on high incomes and then are pretty hand wavy about deductions.
Re:Would You Let the I.R.S. Prepare Your Taxes? (2015)
by laingc on Monday August 13, 2018 @05:47PM
(#17753879)
This might be the case in the US, but be aware that most advocates of flat taxes globally - including almost all economists who do so - advocate precisely for removing deductions.
In New Zealand, for example, all prominent advocates of flat taxes are also proponents of not following Australia or the UK's example of having GST/VAT exemptions for some categories of goods.
In theory, but (serious) advocates of the flat tax generally are proposing both.