Explain Like I'm Five

14651 readers

158 users here now

Simplifying Complexity, One Answer at a Time!

Rules

Be respectful and inclusive.
No harassment, hate speech, or trolling.
Engage in constructive discussions.
Share relevant content.
Follow guidelines and moderators' instructions.
Use appropriate language and tone.
Report violations.
Foster a continuous learning environment.

founded 2 years ago

MODERATORS

[email protected]

ELI5 What would happen short term if the US got rid of income taxes and went to a flat rate? What would be the long term outcome? (lemmy.world)

submitted 20 hours ago by [email protected] to c/[email protected]

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 10 points 17 hours ago* (last edited 17 hours ago)

To get funding he have now just for the military budget look up the Gilded Age but worse. The investment class goes hog whild and poor people and lower middle class will be destitute. We are talking the state taking 99.5% of your check if you make under a certain wadge. Where as people like zuck have to pay with what fell out of their couch cushions.