Dear Highlander,
Our problem here is that most of the super rich do not pay income tax. It is the middle class that foots the bill for the USA.
Now we have an income tax that taxes those with lower incomes at a low rate, and those with a higher income with a high rate. Then we have the poor that pay nothing, and the super rich that pay nothing.
Now why is that? Because over the years lobbyists in Washington DC have filled the IRS books with deductions. There are charitable deductions which are necessary, and mortgage deductions which have become a way of life here. But in addition to that there are at least five big fat volumes of deductions that help exclude the super wealthy from paying anything.
A flat tax will eliminate all those deductions, and no doubt put the accountants out of work, (I guess they'd never allow that)...but of course the problem is the charities and mortgages. As for real estate taxes, they will probably never go away. :rolleyes:
Zenovia