Please ensure Javascript is enabled for purposes of website accessibility

Single tax rate – The Gordian Knot solution

I have been toying with the idea that we should go for a single rate tax not because it is a smart way to tax but it is what Alexander the Great would do. The current law is so complex that untangling it is likely impossible so let’s  ditch all of it , go to a single rate with no loopholes and see what happens. I am sure there a details to work out but hey its worth a shot  and is better than anything happening right now.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Advice: Leave Big 4 then come back?

Ready to get berated for this, but I want some constructive criticism. I graduated with a degree in finance and accounting, interned in audit with Big 4, and received an offer. The offer would start this August, and I’ve already taken 2 sections of the CPA exam. However, I’ve always considered pursuing medicine and I […]

Advice: Stay mid-market or try to get big 4?

Currently, I just finished my junior year of college and I have an internship with a mid market firm for next spring. I will be graduating that same spring with my bachelors in accountancy and will have my 150 credits to take the CPA exam. Assuming that I receive a full time offer after my […]