Stupidity of “flat taxes”

https://weeklysift.com/2024/11/25/early-signs/

«I’m guessing that neither Don Jr. nor the guy who originally posted this have ever done their own taxes. If they had, they would know that progressive tax rates add almost no complexity to the process, so making everybody pay the same rate would not simplify anything. What’s complicated is defining income. Once you’ve determined your taxable income, you just look up your tax on a table.

What makes defining income so tricky? Rich people like the Trumps who hire smart accountants to seek out every possible trick for hiding income. If everybody could be trusted to report their income fairly and accurately, the tax code could indeed be much shorter and simpler.

Bottom line: Flat taxes are not simpler. Period. All they do is shift the tax burden from the rich to everybody else.»

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