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[quote=Anonymous][quote=Anonymous]I honestly think the tax code should be significantly less progressive than it is.  The vast majority of people in this country pay almost no federal taxes at all.  They have no skin in the game!  They literally could not care less if the pentagon wastes trillions or we fund stupid unnecessary projects.

I've love to see a flat tax on ALL americans and on ALL incomce (including capital gains and dividends)

[/quote]

Some countries have done that and it works well. The problem here is:
1. The CPAs and tax software companies would all complain because they are no longer needed.
2. Congress likes to legislate behavior through the tax code. That's why we see tax breaks for getting married, having kids, donating to charity, saving money for college (529), etc. I doubt they'll want to give that up.

Many years ago, Russia lowered the income tax rate and made it simpler. Tax revenues went UP. The reason is that so many people were dodging taxes when the rates were high, but they figured at a more reasonable rate, they might as well pay up and not have to always be looking over their shoulder.[/quote]

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