flat tax

In today’s society, income tax is a bad thing to some and a good thing for others. It can

be the time of year some people look forward to or a time of year that is frowned upon. If you

know that you fall into the category for a return it is great, but if you are going to have to pay it

can be a real headache. Let’s examine a thing called flat tax. Can it work? Having a flat tax can

be good because you would no longer have to file income tax and minimum wage would also

increase. But- is that as good as it sounds ? It sounds really good on the surface. Just one flat

tax for everyone. According to USA Today, “A flat tax with no deductions would make it

possible for all wage earners to pay the same percentage”. No matter if you make one-hundred

thousand a year or two- hundred thousand per year, there would be no deduction or tax credit and

no filing income tax. Just think ! The headache of filing taxes out the window. Tax would be

t...