Re: Flat Tax Positives & Negatives
Positives: Easy to understand, potentially producing greater income (due to less avoidance of tax + less wastage on collection), greater incentive to earn your own money, larger personal allowance
Negatives: (had to think hard for some) nope, can't think of any.
Alot of countries have tried flat tax and it has worked very well for them with both national income and government income rising. Have a look at Russia for an example.
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