Basics of our progressive systemīefore delving into the pros and cons of a flat tax, let’s go over how the current system works first. Wouldn’t it be easier if we eliminated 73,950 pages of hoops and simply taxed everyone using the same percentage? Then there are the exemptions, the itemized deductions and the special tax rules.Īnd when you think you’re starting to understand how the system works, the government likes to throw in a few curveballs, like the alternative minimum tax. It includes seven tax rates, four standard deductions and at least a dozen tax credits for individuals. With tax season upon us, you may be wondering why the government has to make things so complex.Īccording to the CCH Standard Federal Tax Reporter, the tax code clocks in at an astounding 73,954 pages as of 2013.
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