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SHRINK Income Disparity with a FAIR Flat Tax System?

SHRINK Income Disparity with a FAIR Flat Tax System?

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Can income disparity be shrunk with a fair flat tax system? In this video, we explore the concept of a flat tax and its potential to reduce the gap between the rich and the poor. We discuss the benefits and drawbacks of a flat tax system, including its simplicity, fairness, and potential to stimulate economic growth. We also examine the challenges and criticisms of implementing a flat tax system, including its potential impact on low-income households and the loss of progressive taxation. Join us as we delve into the world of taxation and explore the possibilities of a fairer, more equitable society. #politics #taxsystem #flattax #politicalnews

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.