Originally Posted by Literature
Life is complicated. We need a complicated tax code to go with it. But if we did get rid of all credits and deductions, what would you think a good tax rate schedule would be?
No we don't need it to be complicated. We should not be using the tax code to modify behavior.
I don't know what the exact rates should be, but if all the nonsense were thrown out the statutory rates would be significantly lower than what they are today.