Flat Taxation

Although I come from a household with a single mother who sometimes struggles to make ends meet and I understand that some people do not have the ability to pay things that other people can, I still agree with a flat tax rate. I realize that say a 15% tax, doesn’t mean nearly as much to a millionaire as it does to a much poorer person, but I don’t think that that is grounds for making them pay more. I know some people think that the rich should pay more just because they make more but that really doesn’t make sense to me. People should not be punished for being successful. A lot of wealthy people are our biggest business owners and therefor our biggest employers. If we tax them more, it will affect their business and could cause them to cut hours or layoff people, then increasing our unemployment; it’s an ugly cycle that would just keep going. Another thing people don’t consider is that those who have more money tend to spend more money. Rich people have more money to spend on new things, a lot of times, expensive things. By them spending that money they are putting it back into our economy. When the economy does well, things become cheaper, benefiting everyone. If there was a flat tax nobody could complain about paying more because everyone pays in the same percentage of what they make. Having a flat tax would just be so much simpler, like in the article it said “Advocates say that, with a flat tax, most people could figure their annual taxes on a simple postcard.” It also claims that flat tax would do away with a lot of loopholes, exemptions, and deductions that make our system we have now so complicated. Flat taxation is far taxation.