Case can be made for a flat tax

There must be an answer to solving our federal budget mess by simply incorporating a flat tax. We have enormous sums of money being spent on how to fix our flat-lining economy with numerous politicians wasting even more time trying to figure out what else can be done.

I contend that we know, as a society, in the US how many people and companies we have, how many work and how each is incorporated, and roughly how much each one earns. Given those 3 simple criteria, then we should be able to simply calculate how many tax dollars we have to work with each year and then develop a balanced budget each year. No more national debt. No more trillion dollar bailouts. No more wasteful spending on calculating exactly what your tax rate is.

All the people involved in figuring out your tax rate and how much you pay each year can now be redeployed into other economic producing jobs from all the red tape and streamlining that will be created from this simple flat tax system.

Every business owner I have ever talked with has always complained about the complexity of the tax code. Imagine the confidence of the US business person if we just made doing business easier, and actually lowered their cost.

Today, all we hear about is the weak confidence level U.S. business people have in our current economy. Most economists agree that business confidence is always required to stimulate an economy. Some would argue that this simple flat tax might be the single biggest and fastest economic engine ever witnessed in the U.S. economy.

Sherri S Foran

Downers Grove