DSK wrote:

Taxes should be simple, transparent, and efficient.

Maxprop wrote:

Like a flat tax?

Simple, yes. Fair?

With the right exemptions, it can be. Say, a flat X percent with the
first Y dollars exempt. By adjusting X and Y one can make it as
progressive or regressive as you want. (You'd need negative values of Y
to do serious regressive tax.)

That was one of the selling points among the pointy headed intellectuals
flogging the flat tax in the late 80's - it's simple, transparent, and
can be as progressive as you want. Then Malcolm Forbes Jr came along
and sold it as a strictly regressive idea, which is the one that stuck.

//Walt