But I remember having a long conversation with a friend who was an economist on why corporations were able to deduct things they needed to provide their services, but I as an individual couldn't do the same. It's a valid and interesting topic to discuss, imo.

For example:

- Exclude the first $50,000

- Tax the rest at 25%

- Eliminate deductions (this will never happen). This includes the standard deduction.

- Make efforts to also stop companies to shift profits to low or no tax jurisdictions.

- Get rid of double taxation on dividends.

And we'd all be a lot better off.

However the combination will never happen as it doesn’t allow politicians to play favorites and reward their buddies.

How far from flat does it have to be to stop being regressive?