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69 sats \ 1 reply \ @Scroogey 5h \ on: Milton Friedman on the Flat Tax econ
If you collect more taxes with a flat 15% on everyone than with 14-70% "progressively", all else being equal, the high earners must currently all (or mostly) be paying just 14%. Is that true?
Hence, enforcing the high earners to pay 15% (instead of 14%) is just reducing the tax load on low earners by increasing it for high earners, no?
Not if you’re factoring in economic growth from reducing frictions and other distortions.
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