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Nothing

Essay by   •  November 30, 2010  •  373 Words (2 Pages)  •  1,220 Views

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Before becoming 'enlightened' about the new system

through this article, I believed that the Flat Tax needed to be adopted by our

government and adopted immediately. The thought of only paying fifteen

percent to taxes is something that I relished. I always thought that a

straight fifteen percent tax across the board would be fair and adequate for

our system. I never truly understood the consequences the flat tax made

upon the debt. This, again, was all before reading the article in depth. I

appreciated the fact that the author presented numerous facts and examples

when he spoke of the advantages and disadvantages of the flat tax. Some of

these disadvantages I would never have known if not for this article. Most of

us hear of a new tax system and without knowing the details, we want to

jump into the new system believing that it will help all of us save some of our

income. Obviously, by employing this system, it will save us some income but

in the end, we will be paying higher taxes for other essentials. Taxes will be

paid by the consumer either on payroll or through the purchases of durable

and non-durable goods. There is no way around it. One way or the other we

are paying the taxes to support our country. The other astounding fact that I

received from the article was that the fifteen- percent

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