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.
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