Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 3 months agoELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?message-squaremessage-square22linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome?Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 3 months agomessage-square22linkfedilink
minus-squareover_clox@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoI think they mean getting rid of income tax, and putting a flat (higher) rate on sales tax. Mississippi is planning on doing something like that soon.
minus-squareMegaUltraChicken@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months ago Mississippi is planning on doing something like that soon. I think “don’t do what Mississippi does” pretty much answers this question.
minus-squareover_clox@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoI have to agree with you, our politicians aren’t exactly the sharpest eggs in the attic.
minus-squareBussyCat@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoWashington state has also never had an income tax and uses sales tax but makes many essential items tax free to try and be less of a burden on the poor
minus-squarethebigslime@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoYeah and it’s stupid and regressive as fuck.
I think they mean getting rid of income tax, and putting a flat (higher) rate on sales tax.
Mississippi is planning on doing something like that soon.
I think “don’t do what Mississippi does” pretty much answers this question.
I have to agree with you, our politicians aren’t exactly the sharpest eggs in the attic.
Washington state has also never had an income tax and uses sales tax but makes many essential items tax free to try and be less of a burden on the poor
Yeah and it’s stupid and regressive as fuck.