Base Quote by David Harsanyi
“Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.”
About This Quote
Source Policy Proposal: Tax Reform Recommendations, David Harsanyi, 2020
Expanding the tax base, closing loopholes, and flattening rates can stabilize revenue and simplify filing.
In simple terms: Widen base, close loopholes, flatten rates for stable revenue and easy filing.
Simplify taxes for predictability.
Themes
Mood
Type
When to use this quote
- Government budgeting
- business planning
- individual filing
- tax software design
Key Concepts
Questions to Reflect On
- How would a flatter tax rate affect different income groups?
- What challenges arise in closing loopholes?
Political resistance may hinder reforms.