FIN 210 – Topic 2 DQ 2
From time to time, a flat income tax has been proposed by various politicians at both the state and federal levels (e.g., in Arizona a flat income tax was proposed in a legislative session in 2011). The concept is that there would be few or no exemptions and that all would therefore be carrying their fair, equitable tax burden. What do you feel concerning such a proposal? Provide at least two references to support your position.
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FIN 210 – DQ 2 – Topic 2
From time to time, a flat income tax has been proposed by various politicians at both the state and federal levels (e.g., in Arizona a flat income tax was proposed in a legislative session in 2011). The idea is that there would be few or no exemptions, and that everyone would be responsible for their fair and equitable share of the tax burden. What are your thoughts on such a proposal? Please provide at least two references to back up your claim.
