A flat tax (or tax simplification) implies that everyone will have to give up his or her favorite deduction in favor of a SIMPLE flat rate ( and of course, taking the IRS off our collective backs ).
The question is and always has been this — how do you REALLY implement it? The moment you propose one, you’d have thousands of voices chanting for the retention of such favorites as -— mortgage deductions, deductions for children, dependents, etc, etc.
Heck even some members of FR are not willing to give up some of their favorite tax deductions.
I’ll give up everything if my taxes go down and the IRS disappears.
I would like a flat tax of ten percent with NO deductions. Yes, I am willing to give up deductions with a flat tax.
Why ten percent you ask? Because if tithing to our Lord God is ten percent then it is good enough for the Government since the Government is not above God.
On a final note we need to stop the payroll deductions. Everyone must write a check for their ten percent on April 15th. That way they see the amount of money they actually pay and it will be harder for politicians to increase taxes.