re: If the US enacted a true flat rate tax, what would be the ideal tax rate?

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Steve Forbes says 16%. But the key is NO deductions. Once you construct the law and allow a single deduction to stay in place then you open up the floodgates and it won't work.

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I could live with 16%, but I think something like 20% with a ONE AND ONLY ONE deduction so that your first 10,000 bucks is tax free. That way the left can't scream you are taxing the poor too much. I would also end all other deductions. If you are married you file as two ppl, no kid deductions, no I bought a new eco friendly light bulb that runs on farts deductions or anything.