Question Description
Select a tax system alternative that is covered in Chapter 1 (See Proposed U.S. Taxes). Search online for a recent article (within the last five years) that discusses some aspect of this alternative system and complete the following tasks:
- Provide a link to the article.
- Summarize the article’s key points.
- Evaluate your article’s system in the context of Adam Smith’s elements of taxation (equality, certainty, convenience, and economy).
- Evaluate who in our society would be winners and losers were we to switch from our current income-biased tax system to the system from your article.
- Explain challenges in transitioning from the current tax system to your proposed alternative.
Your initial posting should be 250-500 words and must be submitted by Thursday, midnight, of this week.
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