Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 month agoELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?message-squaremessage-square28fedilinkarrow-up137arrow-down18
arrow-up129arrow-down1message-squareELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 month agomessage-square28fedilink
minus-squarevvilld@lemmy.worldlinkfedilinkEnglisharrow-up1·1 day agoThe rich also have a hell of a lot more to tax. They SHOULD be paying a higher percentage of their wealth in taxes because they’ve gotten a much greater benefit out of the services those taxes pay for than a poor person.
The rich also have a hell of a lot more to tax. They SHOULD be paying a higher percentage of their wealth in taxes because they’ve gotten a much greater benefit out of the services those taxes pay for than a poor person.