Topic: Flat Tax

Flat Tax comes up in 1 chapter across 1 episode of The Higherside Chats Free Show, in September 2016.

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Scott Santens | Universal Basic Income
• 29:12 - 32:18

Scott Santens | Universal Basic Income

Tax Code Simplification, Flat Tax Proposals

Implementing UBI allows for a massive simplification of the IRS tax code by replacing complex deductions and loopholes with a universal tax credit. A flat tax combined with UBI creates a progressive structure where the wealthy pay more while the majority of the population sees a net tax decrease. This shift could move the tax burden away from human labor and toward capital gains or automated production, reducing market distortions and political class warfare.