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Whats a flat tax
Whats a flat tax









whats a flat tax whats a flat tax

Under the current tax system about 1/2 of American families currently pay little to no federal income tax (as an “ effective tax rate“) due to deductions, credits, and the progressive bracket structure.įor the bottom 50% of earners it isn’t the income tax, but payroll taxes, excise taxes, sales taxes, and property taxes that comprise their tax burden. Feel free to skip around the page or comment with questions. The page is a little long, as we cover every point and possibility in detail, so let’s start by looking at the bottom line on a flat tax vs.

whats a flat tax

What is More Fair, a Flat Tax or Progressive Tax?Ī progressive tax (those who make more pay more) is generally “ more fair” than a flat tax (everyone pays the same rate).īelow we’ll look at a number of different aspects of the United States tax system to help explain why progressive taxes are generally more fair than flat taxes.











Whats a flat tax