🇺🇸 FLAT TAX: A PATH TO SIMPLICITY AND GROWTH

The flat tax simplifies the system with a single rate for all incomes, eliminating burdensome brackets and loopholes.

Proponents highlight its potential to stimulate economic growth by reducing tax burdens on high earners, encouraging investment, entrepreneurship, and savings.

High personal exemptions can protect lower-income earners, ensuring fairness while maintaining efficiency.

Global successes, such as Estonia, demonstrate its ability to drive economic growth, while U.S. states like Colorado offer tangible examples of streamlined taxation.

Advocates argue it fosters transparency, reduces compliance costs, and eliminates distortions that discourage economic activity.

By creating a straightforward and fair framework, the flat tax has the potential to transform the U.S. tax system, fueling innovation, growth, and prosperity.

Source: Brookings, Cato, Ntu .org