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ACT 405 Tax System Alternative – Flat Tax Paper

Select a tax system alternative (See Proposed U.S. Taxes). Search online for a recent article (within the last five years) that discusses some aspect of this alternative system and complete the following tasks:

  • Provide a link to the article.
  • Summarize the articles key points.
    • Evaluate your articles system in the context of Adam Smiths elements of taxation (equality, certainty, convenience, and economy).
    • Evaluate who in our society would be winners and losers were we to switch from our current income-biased tax system to the system from your article.
    • Explain challenges in transitioning from the current tax system to your proposed alternative.

Your initial posting should be 250-500 words.