ACC 401 Week 2 Discussion 2 Federal Income Tax
Federal Income Tax. Read the article, “Two Awful Anniversaries.” Based on the content presented in the article, describe some of the issues with federal taxation. Does the research by Art Laffer and other economists suggest that over time states that have no income tax perform better than states with high income taxes? Why? Does a flat tax make more sense from a taxation standpoint? Compare and contrast your responses with two of your classmates. How are their posts similar or different than yours?