A flat tax with an exempt minimum is fairer than the current system. "It's the statue, man, The Statue."
Tax code complexity doesn't come from the number of tax levels (one or ten line in a table) but from the sheer number of tax exemption (99.99% of the content of your favourite tax code).
"Niche fiscales" in french. I use only two niches fiscales and I divide my income tax by two. Only 8599865 pages left in the tax code...
All tax exemptions should be unconstitutional everywhere.
If a government wants to give money to someone, the government should just write a check and book it in the budget. That way it would be fully transparent to everyone.
And remember that tax exemption are only for those who pay a decent amount of taxes, direct check can be to everyone, not just the rich.
Say 30-40 % flat tax on all incomes above 10.000 euros. These first 10.000 are completely tax free.
Or to quote Carl Bildt: No one who pays tax should recieve state subsidies, and no one who recieves subsidies should pay tax.
Though that would really just be a transparency reform, but still.
It would be great if one coule merge capital and labor taxes in some way too. Income is income, no matter the source. Peak oil is not an energy crisis. It is a liquid fuel crisis.
This puts much of Europe below US corporate tax rates of 35%, though to really compare one would have to look at the impact of graduated tax rates in the US and other countries, as well as available tax deductions.
