John Cullinane, Tax Partner, Deloitte, gives us his thoughts on the 'flat tax'
John Cullinane Tax Partner Deloitte gives us his thoughts on the 'flat tax'
Estonians do it. Poles and Russians do it. President Reagan nearly did it and would have done more if Congress had let him. Germany might do it soon — well one day perhaps. Yes the flat tax is an idea whose time has come.
Like many such ideas (and longer enduring ideologies) it offers its supporters a subtle mix of appeals. There is self-interest (wealthy flat-taxers look forward to paying less tax just like revolutionaries looking forward to power). There is altruism (the poor will be lifted out of the tax system or capitalist oppression according...
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John Cullinane, Tax Partner, Deloitte, gives us his thoughts on the 'flat tax'
John Cullinane Tax Partner Deloitte gives us his thoughts on the 'flat tax'
Estonians do it. Poles and Russians do it. President Reagan nearly did it and would have done more if Congress had let him. Germany might do it soon — well one day perhaps. Yes the flat tax is an idea whose time has come.
Like many such ideas (and longer enduring ideologies) it offers its supporters a subtle mix of appeals. There is self-interest (wealthy flat-taxers look forward to paying less tax just like revolutionaries looking forward to power). There is altruism (the poor will be lifted out of the tax system or capitalist oppression according...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
