Don_Dickle@lemmy.world to

Explain Like I'm Five@lemmy.worldEnglish · 24 hours ago

ELI5 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?

26

ELI5 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 · 24 hours ago

Chat

Eiri@lemmy.ca
link
fedilink
English
arrow-up
11·
24 hours ago
What do you mean by flat rate?

Explain Like I'm Five@lemmy.world

explainlikeimfive@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !explainlikeimfive@lemmy.world

Simplifying Complexity, One Answer at a Time!

Rules

Be respectful and inclusive.
No harassment, hate speech, or trolling.
Engage in constructive discussions.
Share relevant content.
Follow guidelines and moderators’ instructions.
Use appropriate language and tone.
Report violations.
Foster a continuous learning environment.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

165 users / day
250 users / week
1.36K users / month
3.88K users / 6 months
2 local subscribers
14.7K subscribers
108 Posts
2.38K Comments
Modlog