As much as I would lije to see a flat tax instead of IRS breathing down our necks I as a possibly more wealthy prsin. -still hoping- ....?

It won't happen, and I am happy it won't. Every special interest group would complain from teens to retired people, poor to rich. Start with a premise that it would be a flat percentage of income like 25% and you were earning $20K a year supporting one child. You would pay 5K in tax, get no EITC no deduction for exemptions, no child care credits, no tax refund because you knew exactly how much to withhold.

For those of us retired we would be taxed on ROTH IRA withdrawals we already paid tax on as well as things like our RMD from IRA and dividends and interest and SS. Taxing the ROTH would be totally unfair that is the money we planned for major expenses like medical or a new house before selling the old house.

How would you tax the sale of a house, the total sales price as income or would we pay only on the gain? Currently we get 250K or 500K for couples tax free so just losing that deduction would cost us 50-100K at the sale, some of us wouldn't move making it harder for new houses to sell.

This year and last year my medical expenses are huge, currently I can itemize deductions to ease the tax from taking more from my IRA.

To many special interest like parents, poor people, rich people and working people to let it last more than a few minutes. Imagine the businesses like companies running 401K plans and investment houses would would lose retirement savings customers and real estate sales and home improvement taking a dive when people don't buy and fix up houses with home interest and property tax deductions and a huge tax for selling the old house.

A flat tax is never going to happen.

It is a terrible idea.

Besides, regardless of what type of tax system we have, there will still be a need for enforcement and collections. So, as long as there is a need for revenue, there will be an IRS.

1 unless the flat tax were to take into account

And have the poorer and midle class give a rate commiserating with their earning. Like 10% vs the wealthy 17%. It is not a just system.

2. The Govt would go broke on a flat tax.

3. Non profits would suffer

What are your feelings?