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Flat-rate tax on comprehensive income

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How would income distribution and resource use change if a flat-rate tax on comprehensive income were substituted for the current progressive income tax in the U.S.?

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https://brainmass.com/economics/political-economics/flat-rate-tax-on-comprehensive-income-561973

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A flat rate tax is one in which the taxes paid on a product are collected in the stages of production rather than as the sales tax at the retail location. For an employer, a deduction is allowed for wages that are paid. The employee, however, pays the flat ...

Solution Summary

How would income distribution and resource use change if a flat-rate tax on comprehensive income were substituted for the current progressive income tax in the U.S.

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