TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
In and of itself, a flat tax isn't any simpler than the current system, right? That is, the returns could involve exactly the same 1040 forms, schedule A's, schedule C's, etc., but in that last step, everyone multiplies their AGI by the same percentage.
I realize that many flat-tax proposals would also involve other simplifications. I'm guessing that "flat-tax" has come to mean "flat and simplified" in the same way that "fixed income" often means "fixed and low income."
I realize that many flat-tax proposals would also involve other simplifications. I'm guessing that "flat-tax" has come to mean "flat and simplified" in the same way that "fixed income" often means "fixed and low income."