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Is it not time, finally, that we should get serious about a Flat Tax ? Scrub the whole tax code and everybody pay 10 or 15 % ?

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I'm all for simplification, even drastic simplification but politically it would never sell. The code is complex because it is corrupt. It encourages deceit because Congress is corrupt and has more lawyers than it ought. A lot depends on what exactly is being taxed. As Clara points out, capital gains and inherited wealth types of wealth may not be technically "income " depending on how you define what it taxes.

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ClaraListensprechen

No. The Flat Tax exempts non-earned income.

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O.k. Then make it flat on all income, be it earned, dividend, rent, investment, all of it. Exempting only , disability, SSI, pensions etc.
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ClaraListensprechen
Not buying it. Better: a flat consumption value added tax.
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Yes Clara!!
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Consumption tax, then.

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Don't we pay consumption tax now? Gas, alcohol,smoking, clothing almost everything we consume is taxed.
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ClaraListensprechen
Yes we do pay that now, but it's not even and most of it goes to states, We need a better consumption tax code as well as a value added tax.
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