RE: Flat Tax: 5%-10%

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There is a reason tax returns in many countries are complicated. A whole industry relies on you not understanding what to do!

The countries with the simplest tax structures, Hong Kong, Panama and Singapore come to mind, were successful because they attracted the right type of person to do business and live there. Government tax income increased because the people living there did well financially.

Minimal government interference (Hong Kong pre-1997 certainly) in how you conduct your affairs may also have had something to do with that.

In today's world it is all about incentivising people to do "the right thing". Who determines what that "right thing" is? The government of course. And how do they incentivise you? By charging a tax.

The problem is the utterly non-sensical allocation of resources governments undertake with this income. It is all about increasing their powerbase. And reducing yours.

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