POLL CONTEXT: BREAKING: New report shows 45% of Americans pay ZERO income tax. An estimated 45.3 percent of American household,, roughly 77.5 million, will pay no federal individual income tax, according to data for the 2015 tax year from the Tax Policy Center. Despite the fact that rich people paying little in the way of income taxes makes plenty of headlines, this is the exception to the rule: The top 1 percent of taxpayers pay a higher effective income tax rate than any other group (around 23 percent, according to a report released by the Tax Policy Center in 2014) nearly seven times higher than those in the bottom 50%. Watch the video below of former Presidential candidate Rand Paul who explains both the flat and fair tax structure.
A flat tax makes all Americans earning income have to pay something into the system to live in the United States and reap its benefits. It also eliminates loopholes and deductions that allow crafty people to pay less than those less crafty. It also vastly reduces the need for the Internal Revenue Service, because without deductions and loopholes, there are rarely needs for audits. As another alternative, there is the Fair Tax which is a consumption based tax that Americans are only charged taxes when they buy things as in a sales tax, but their income is not taxed. This system is said would encourage saving and give the American individual the most control on how they are taxed without penalizing their labor.