The Flat Tax Issue
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A Reaction Paper The article on the Flat Tax system was actually one that I could relate to in terms of personal taxes. I have heard of this 'new' system over the last five or six years, but I still have yet to see any type of action for implementation with this system. Before becoming 'enlightened' about the new system through this article, I believed that the Flat Tax needed to be adopted by our government and adopted immediately. The thought of only paying fifteen percent to taxes is something that I relished. I always thought that a straight fifteen...
entertainment, such as dining.
entertainment, such as dining.
In the long run, a flat tax looks like a system that all taxpayers would want. However, most of these taxpayers will be in the same situation that I was in, not enough education on the process. This places us at the disadvantage and helps us make decisions based on false presumptions.
I believe that the tax system needs to be corrected and simplified, but this new and simplified system needs to be equitable for all. How can this be done? This is something that needs to answered by the experts and promoted by us.
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