Exactly...A flat tax will only increase the contribution from the poor and make it possible for the gov't to tax disabled vets and the elderly and disabled currently scraping along on next to nothing...
I disagree with that, although I have to admit our current loophole and deduction riddled tax system is pretty progressive (in the rich pay more sense).
And of course there are plenty of different flat tax versions, some you may like less than others. But I would like to see one that has a personal deduction equal to what the current poverty rate is, so someone who is at or below the poverty rate would pay no taxes because their income would fall into their deduction. As your income increases, you would pay whatever the percentage rate above your personal deduction. So if the tax rate was 18%, and you were a single person with $40,000 a year taxable income, your deduction would be the single poverty rate (guesstimate $14k) so you would be paying 18% on 26k. I would probably have a couple of other deductions too, but you have to limit the number of those or you end up right back to where we are now.
