Kuehl: Flat tax is a term given to a variety of tax alternatives that all have some basic tenets in common — namely, that people pay the same level of tax regardless of income. There are some assumptions about what would change if everyone paid the same tax rate: It would be easier to understand, and it would be more fair. As it stands today, the more money a person makes, the more taxes he or she pays, and at some point this becomes a disincentive to make more money. It also creates an entire industry devoted to finding ways to reduce the amount of income that can be considered taxable.
展开▼
