It seems most every tax, whether it be income, sales or property, are all built on scale. The more income you make, the more income tax you pay. The more things you buy, the more sales tax you pay. The bigger your home, the more property tax you pay. Does taxation make sense to be modeled this way?
As a citizen of the United States, we all benefit from the same federal services; security, judicial, health, environmental, transportation to name a few. If I double my income, I don’t benefit from double the services.
What if instead we all pay the same federal tax? What if we had a federal budget that was “affordable” and we the citizens had a say in approving it? What if corporations paid no tax because they are not “citizens”. Let the corporations thrive and grow jobs.
Imagine for a moment the potential benefits:
- Elimination of complex tax codes and loopholes
- Significant reductions in IRS staff
- No more federal tax software and audits
- No more arguments for taxing unrealized gains
- No more arguments for taxing the rich
- More control over how much we can be taxed
- Corporations save money not dealing with employee federal tax deductions and withholding
- Entrepreneurship and small businesses thrives, no tax overhead or trying to hide income``
Of course with any new law or policy, we have to account for exceptions.
- Maybe only citizens over age 23 since many are still trying to finish college or establish careers
- Those in longterm care facilities
- Those who are imprisoned
For those citizens who are unemployed, a citizens tax can be accredited through volunteer work at federal or state facilities, helping to cut federal staff resource needs.
I’m sure there’s a lot of other details to consider, but the idea seems equitable and worthy for consideration