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re: The Flat Tax

Posted on 4/7/15 at 8:43 pm to
Posted by Jabstep
Member since Jul 2014
2134 posts
Posted on 4/7/15 at 8:43 pm to
I just don't see how in the work. It would basically put a tremendous amount of white collar professionals out of business and devalue one of the more valuable degree programs most colleges have. I'm all in favor of tax reform, repealing AMT, repealing the repairs and maintenance regs etc. The full blown change that is currently being proposed is alarming.
Posted by Beerinthepocket
Dallas
Member since May 2011
856 posts
Posted on 4/7/15 at 9:21 pm to
I'm a CPA and using the argument that CPAs, lawyers, IRS agents, tax preparers, would lose jobs is a terrible argument against a flat tax.

The economic boon from every American not having money siphoned off by the income tax and the industry based on it would be enormous, creating new PRODUCTIVE jobs in every other industry.
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