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To receive full credit for this discussion you are required to complete two posts - an initial post and a reply post. The initial post
To receive full credit for this discussion you are required to complete two posts an initial post and a reply post. The initial post must be at least sentences and include a reference to an article or video. Remember this is a college course so please use discretion in your posts.
Discussion Prompt:
The textbook discusses a Flat Tax and a ValueAdded Tax VAT in Chapter These are both considered a proportional tax. In a proportional tax structure, a constant tax rate is applied to all levels of the tax base.
Currently, the United States uses a progressive tax structure. In a progressive tax structure, the tax rates increase as the level of taxable income increases.
You will need to research the idea of proportional Flat or VAT tax and progressive tax structures in more detail before trying to answer the discussion prompt. Please include in your initial discussion a reference to the video or article you used.
Do you think the United States should adopt a proportional tax structure in the future? If so why?
If you think the United States should adopt a proportional tax structure, do you prefer a Flat Tax or ValueAdded Tax? Why?
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