flat tax bill

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Title: flat tax bill

Essay Details:

Subject: Miscellaneous

Author: Jason M

Date: December 6, 2014

Level: University

Grade: A

Length: 3 / 601

Essay text:

United States of America in Congress assembled. 3. SECTION 1. THE TITLE 4. This Act may be cited as the " Flat Tax Bill." 5. SECTION 2. THE BILL 6. The flat tax replaces the current income tax code, which is very 7. complex, with a system so simple Americans could file their taxes on a 8. form the size of a postcard. What exactly is a flat tax? A flat tax sets 9. into place a single tax rate on all income subject to tax. The hundreds of 10. exemptions, credits, loopholes and deductions now in the tax system 11. would be eliminated to make the single tax rate as low as possible. The 12. cost of using the current tax system totals about $200 billion annually, 13...

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