Flat tax rate system should be enforced now.

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Brun2003 said:

numonex said:

Flat tax rate system should be enforced now. 20% tax rate on every dollar you earn. Fair simple tax system.

Government only provides Police services and military services. Both health and Education are fully privatised and run by free market system. Charity replaces social security system. Aged pensions are self funded, not from government. Water and utilities are provided by private enterprises, no government monopolies. 

No discrimination on socio-economic background. More jobs would be created and everyone would be better off. 

The 20% flat tax rate applies to all  individuals and all companies. A flat tax rate system applying to companies and individuals would be fair and reasonable. Conservative Libertarians would be over the moon with the implementation of a flat tax rate system. 

How about a flat tax rate system? 

That would be awesome!!  Have you read anything from Milton Friedman?  I am completely for a flat rate tax.  Did you know that progressive tax comes straight from karl marx.  The only other option I would be for would be eliminating the income tax and moving to consumption tax.

Milton Friedman is pretty good.  Have you heard of the Free State Project?  In New Hampshire we have an individual income tax of zero and a general sales tax of zero but we still have a bunch of smaller taxes and there are corporate taxes.  We are working to make it the state with the lowest taxes but it's hard to get the taxes lower than Alaska (which gets massive federal handouts and has tons of oil money).  Maybe in 4 years NH can finally be the place with the lowest taxes in the US.  I'll keep working at it.  At the very least, taxes should go down this year and maybe again next year.

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