Forum Discussion / Economic Policy & Taxation

current debates about ideas to revive the economy generally fall into alignment with either classical or Keynesian economic theory. Some suggest that growing U.S. debt is a strong incentive for tax reform.

(1) Should we have a flat tax? Why or why not?

(2)

What are the merits and risks of other tax-based reforms? Please

assess at least one additional reform. Examples include, but are not

limited to: a national sales tax, value added taxes (VAT), eliminating a

variety of deductions or credits.

 

 

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