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Essay text:
I never truly understood the consequences the flat tax made
upon the debt. This, again, was all before reading the article in depth. I
appreciated the fact that the author presented numerous facts and examples
when he spoke of the advantages and disadvantages of the flat tax. Some of
these disadvantages I would never have known if not for this article. Most of
us hear of a new tax system and without knowing the details, we want to
jump into the new system believing that it will help all of us save some of our
income. Obviously, by employing this system, it will save us some income but
in the end, we will be paying higher taxes for other essentials...
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