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Problem: doing away with the 10,000 pages of tax that was bought and paid for by special interests eliminates of a huge cash cow for the lawyers and accountants and the millions of people that would be put out of work.
Even so, my More..
Interesting that the author claims "the first flat tax was progressive." Isn't that like saying the first dog was a cat? Maybe he has a different definition of flat tax, but the one most people operate on is a single rate for More..
Further.
The removal of taxes on business profits would probably eliminate some of the fancy accounting that is now being done. And if business develops ways to distribute profits without remitting the tax there might have to be severe More..