Question: The use of a flat tax to replace the current

The use of a ''flat tax'' to replace the current income tax system has received a considerable amount of interest in recent years. Various flat-tax proposals have been made, but the gist of a flat tax is the use of a single tax rate with very few deductions. Using a search engine or one of the tax directory sites provided in Exhibit, find a flat-tax proposal and explain how it would affect the deductions currently allowed by the income tax system.

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  • CreatedFebruary 12, 2014
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