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on your income. Under a flat tax system, you pay a flat rate on your income. In single tax bracket for all taxpayers. A common

on your income. Under a flat tax system, you pay a flat rate on your income. In
single tax bracket for all taxpayers. A common percentage thrown out for a flat
This is the rate proposed by former presidential candidate Steve Forbes and U.
Armey. Proponents of a flat tax system say that it would do away with the com
forms. The flat tax would need only one form, about the size of a postcard and
You would merely add up wage, salary, and pensid income, subtract any person
percent of your taxable income. This type of plan eliminates deductions and cres
Please respond to one of the following:
-What are your beliefs about the flat tax structure and its implementation?
Who would most benefit from the change? Why do you think so?
-Who would be hurt by this tax structure? Why do you think so?
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