Flat Tax vs. Current Tax Format: Should everyone be taxed the same percentage of their salary or should Americans continue to be taxed different percentages according to how much they make?
With the elections right around the corner, taxes becomes one of the key issues. Currently, Americans get taxed a percentage according to how much money they make. So, if you make $30,000 per year you may owe Uncle Sam 20% where as if you made $300,000 you may owe the IRS 35%. Is it fair that the more you make the large percentage you owe? Or should it be an equal amount across the board? For example, no matter if you made $30,000 or $300,000 or $30,000,000 you would be 15% to the government.
It’s Flat Tax vs. Current Tax Format
Vote Now and Comment Below: