Elon Musk and Vivek Ramaswamy, who will head up President Trump’s Department of Government Efficiency (DOGE), say they want to radically simplify the federal tax code, which is a cesspool of complexity and corruption. At last count, it’s 16 million words and rising and is a deadweight on the economy.
Trying to reform such a ghastly beast is hopeless. This episode of What’s Ahead makes the case for junking the tax code and replacing it with a simple, single-rate system: the flat tax.
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