Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 month agoELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?message-squaremessage-square9fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 1 month agomessage-square9fedilink
minus-squaretoomanypancakes@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoFlat taxes impact the poor dramatically more than the rich. I think that’s the last thing we need right now.
Flat taxes impact the poor dramatically more than the rich. I think that’s the last thing we need right now.
Explain