Post
Topic
Board Politics & Society
Merits 1 from 1 user
Re: DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stif
by
Hispo
on 06/02/2024, 23:53:47 UTC
⭐ Merited by vapourminer (1)
but people would keep all their money. imagine how much more money people would have in their bank accounts. plus no more complicated tax returns. priceless

"much more money" LOL

No, most people would have less money, some people would have slightly more, all other things being equal. Most people can't math though and live in debt up to their ears, so it's possible that most people could think they have more money because their favorite politician said so.

Question. I have read in The United States personal debt can be a serious matter, and a very crippling problem for many people who live in debt. How realistically it would be to say it has something to do with the personal mathematical pro-efficiency such person has to manage numbers in general?
I ask because to me, money management in a personal level is just matter of adding basic income and subtracting the expenses, the needs and wants, etc.
Would not be unfair to say people cannot do math and hence become involved in a very serious debt?
If that was true then you would be implying a very important percentage of the people of the United States cannot do math to a basic level. I would like to think that is just rather a stereotype foreigners have on them.  Sad