Slemrod, Joel (contributor) - 2005
should be turned into a
credit at the first, basic income tax rate of about 15 percent.
If the tax base could be … returns. The
9
British and Japanese income tax systems work this way now, and the U.S. Treasury
Department has said it …-Rabushka flat tax
(or, with a graduated personal tax structure, the X-tax). The one exception is that under
an income tax or a …