: About Me

The question posed is overly simplistic, and allows for only two options. The answer is yes, to both taxes, and yet no to both. There are several reasons to switch to a flat tax, most of which is equality in taxation. Sales tax, as opposed to existing income tax, incentivizes saving, investment, and production. The main problem with simply moving to a flat tax is that the equal tax rate includes most of the same inefficiencies as the current progressive income tax, in terms of Dead Weight Loss (DWL) and causing a need for wealth redistribution by taxing the lower middle income citizenry in...