Just thinking here- if there was a flat tax of (lets say)15 percent that ALL would pay-and all mortgage interest deductions were eliminated, would that be more equitable than now?
Currently, I hear around 50 percent pay no income tax and huge corporations making billions in profit pay no tax or as low as 13 percent.
Secondly, what chances are there for meaningful Federal income tax reform, regardless of which party is in control?
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