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-squareover_clox@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoI think they mean getting rid of income tax, and putting a flat (higher) rate on sales tax. Mississippi is planning on doing something like that soon.
minus-squareMegaUltraChicken@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month ago Mississippi is planning on doing something like that soon. I think “don’t do what Mississippi does” pretty much answers this question.
minus-squareover_clox@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoI have to agree with you, our politicians aren’t exactly the sharpest eggs in the attic.
I think they mean getting rid of income tax, and putting a flat (higher) rate on sales tax.
Mississippi is planning on doing something like that soon.
I think “don’t do what Mississippi does” pretty much answers this question.
I have to agree with you, our politicians aren’t exactly the sharpest eggs in the attic.