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Flat tax - Essay Example

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Summary
Flat tax is applied on all the tax payers without any kind of deduction or exceptions allowed. (Sexton 243) Flat tax system’s supporters think that it would give an…
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Flat tax

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"Flat tax"

Download file to see previous pages Flat tax removes exemptions, tax credits, and deductions, thus eliminating unfairness towards some activities and behaviors. Removing deductions, complex tax brackets and tax credits also makes the tax code simple, which in turn makes compliance easier. Another advantage of flat tax system is to eliminate double taxation, by applying tax on earned ...Download file to see next pagesRead More
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