O Intermitente
(So long, farewell, auf weidersehen, good-bye)

segunda-feira, novembro 15, 2004

Flat Tax Makes Sense

The advantage of a flat tax is that the massive reduction in compliance costs and the abolition of allowances make the system very efficient. Evasion is also much more difficult. And this means that the rate can be set relatively low. A flat tax also improves incentives, because hard workers know they won't be punished by a higher rate, as happens in current "progressive'' income tax systems.

posted by Miguel Noronha 2:53 da tarde