A fair-rate flat tax puts Granny and The Donald on the same team, doesn’t it?
Both of them will get their butts to the polls and do their utmost to elect those who will keep that rate LOW.
Sounds great to me!
But, what exactly is going to be different? You still have to measure income...does it include Social Security? Does it include all of the money you got selling stock? What about the amount you paid for it? What about selling your home because you had to move for a transfer? What if you spent all your income on an accident you caused?