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Comment by ty6853

10 days ago

Our tax now is worse than flat. Warren buffet brags about paying less % than his secretary.

Either compare ideal tax structures with “no loopholes” (none of these exist in the real world) or compare actually-existing tax structures.

Comparing your ideal flat income tax with the current system is apples to oranges.

  • >>Why don't they just make the special interests pay their own multi-trillion dollar war bills instead of sabotaging US universities with surprise taxes?

    >Either compare ideal tax structures with “no loopholes” (none of these exist in the real world) or compare actually-existing tax structures.

    Hence I cannot compare your suggestion with the current system as it is apple to oranges because loopholes would exist.

    My thesis is a flat tax would help to minimize the very loopholes you damn. The larger the tax code and the more it panders to particular interest, generally the more opportunity for 'loopholes.'

    • When you say "tax loopholes" I think "corporate welfare," which is sometimes rational but typically exploited.

      A tax code with fewer loopholes would be more flat (or progressive).