The Flat Tax

Why It Won't Work for America

Business & Finance, Accounting, Taxation, Finance & Investing
Cover of the book The Flat Tax by Scott E. Hicko, Addicus Books
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Author: Scott E. Hicko ISBN: 9781938803901
Publisher: Addicus Books Publication: August 1, 2013
Imprint: Addicus Books Language: English
Author: Scott E. Hicko
ISBN: 9781938803901
Publisher: Addicus Books
Publication: August 1, 2013
Imprint: Addicus Books
Language: English

On the surface, the concept of a flat tax sounds good—it would simplify tax preparation and lower most people's taxes. However, according to Scott E. Hicko, a flat tax would increase taxes for the average worker and destroy the American dream. Under such tax legislation, the super wealthy would pay less tax while the nations's working class sould carry the nation's tax burden. First introduced in the 1970's, the flat tax concept will continue to be debated as the government seeks ways to streamline, says Hicko. And, most people do not understand the realities of it. The Flat Tax: Why it Won'T Work for America is the first book to outline the negative impact a flat tax sould create on the American economy.

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On the surface, the concept of a flat tax sounds good—it would simplify tax preparation and lower most people's taxes. However, according to Scott E. Hicko, a flat tax would increase taxes for the average worker and destroy the American dream. Under such tax legislation, the super wealthy would pay less tax while the nations's working class sould carry the nation's tax burden. First introduced in the 1970's, the flat tax concept will continue to be debated as the government seeks ways to streamline, says Hicko. And, most people do not understand the realities of it. The Flat Tax: Why it Won'T Work for America is the first book to outline the negative impact a flat tax sould create on the American economy.

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