Nothing
Essay by 24 • November 30, 2010 • 373 Words (2 Pages) • 1,287 Views
Before becoming 'enlightened' about the new system
through this article, I believed that the Flat Tax needed to be adopted by our
government and adopted immediately. The thought of only paying fifteen
percent to taxes is something that I relished. I always thought that a
straight fifteen percent tax across the board would be fair and adequate for
our system. I never truly understood the consequences the flat tax made
upon the debt. This, again, was all before reading the article in depth. I
appreciated the fact that the author presented numerous facts and examples
when he spoke of the advantages and disadvantages of the flat tax. Some of
these disadvantages I would never have known if not for this article. Most of
us hear of a new tax system and without knowing the details, we want to
jump into the new system believing that it will help all of us save some of our
income. Obviously, by employing this system, it will save us some income but
in the end, we will be paying higher taxes for other essentials. Taxes will be
paid by the consumer either on payroll or through the purchases of durable
and non-durable goods. There is no way around it. One way or the other we
are paying the taxes to support our country. The other astounding fact that I
received from the article was that the fifteen- percent
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