Broad base and low rates = recipe for tax fairness

June 3rd, 2006 · No Comments

The Tax Foundation’s Tax Policy Blog has an inter­esting post concerning a report produced by something called the (US) Congres­sional Research Service.

The report inves­ti­gates the possi­bility of a flat tax in simpli­fying the tax code and concludes that the existence of a progressive system isn’t what is making things compli­cated at all. I’ve already blogged the very same thing: Tax brackets don’t make taxes complex!

The post makes the good point that its the erosion of tax bases that complicate the system and that simpli­fying taxes means simpli­fying the bases, which will allow the lowering of rates across all brackets. Very succinct post, and the blog overall is top notch.

Category: Taxation
Tags: , , , , ,

0 responses so far ↓

  • There are no comments yet. Please feel free to post one, or ask a question. I try to respond to all comments.

Leave a Comment