the effects of a flat tax system on employment
Simplicity is considered a significant benefit of the flat tax system. One tax rate makes for easy computation by the Internal Revenue Service and straightforward payments from taxpayers. Because the flat tax taxes only one income, it is easier to understand and to report. flat tax employs territorial taxation, which is when the government only taxes income that is generated within national borders. In the global economy, taxes remain a critical component of business; countries with low-taxes benefit from jobs and capital.