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Posted
A flat tax is the answer, at around maybe 17% for all, as long as all the loopholes are closed.

There's the trick. Loopholes make it impossible. No one wants to give up the tax credits.

Posted

A flat tax is the answer, at around maybe 17% for all, as long as all the loopholes are closed.

There's the trick. Loopholes make it impossible. No one wants to give up the tax credits.

No deductions, just think of the bureaucracy we wouldn't need to administer the tax system. Probably as big a reason it won't happen.

"Never trust a man who has not a single redeeming vice". WSC

Posted
No deductions, just think of the bureaucracy we wouldn't need to administer the tax system. Probably as big a reason it won't happen.

Business always argue they need bigger deductions for their investments. I don't think it would be possible to get some people to ever give them up.

Posted
Business shouldn't pay tax. It's the ultimate in shifting responsibility.

A lot of business leaders also think they shouldn't pay tax.

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