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451 points pseudolus | 4 comments | | HN request time: 0.599s | source
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acc_297[dead post] ◴[] No.43569196[source]
[flagged]
westurner ◴[] No.43569572[source]
Then they would need to tax nonprofit religious organizations too.

Why don't they just make the special interests pay their own multi-trillion dollar war bills instead of sabotaging US universities with surprise taxes?

If you increase expenses and cut revenue, what should you expect for your companies?

replies(1): >>43569639 #
ty6853 ◴[] No.43569639[source]
Why not just make a flat tax for everyone and end all the special interest pandering and exceptions for the rich. It is a poisonous misapplication of the time of our government to constantly be fiddling with tax code to favor one group or another.
replies(2): >>43570103 #>>43576849 #
TimorousBestie ◴[] No.43570103[source]
Because a lot of people, including many economists, believe capital accumulating endlessly to the same class of thousand-ish people is bad. A flat income tax exacerbates wealth inequality considerably.
replies(2): >>43570381 #>>43570736 #
1. ty6853 ◴[] No.43570381[source]
Our tax now is worse than flat. Warren buffet brags about paying less % than his secretary.
replies(2): >>43571248 #>>43572837 #
2. TimorousBestie ◴[] No.43571248[source]
Either compare ideal tax structures with “no loopholes” (none of these exist in the real world) or compare actually-existing tax structures.

Comparing your ideal flat income tax with the current system is apples to oranges.

replies(1): >>43571550 #
3. ty6853 ◴[] No.43571550[source]
>>Why don't they just make the special interests pay their own multi-trillion dollar war bills instead of sabotaging US universities with surprise taxes?

>Either compare ideal tax structures with “no loopholes” (none of these exist in the real world) or compare actually-existing tax structures.

Hence I cannot compare your suggestion with the current system as it is apple to oranges because loopholes would exist.

My thesis is a flat tax would help to minimize the very loopholes you damn. The larger the tax code and the more it panders to particular interest, generally the more opportunity for 'loopholes.'

4. westurner ◴[] No.43572837[source]
IDK if it's bragging or voiced concern.