Comment by TimorousBestie
9 days ago
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).