I disagree with the statement. By making the first $25K of income tax exempt, it would more than make up for the interest deduction. And our current system takes your income for the year and taxes it at higher and higher rates when you make more, which makes people prone to "fudge the numbers". Based on a flat tax, someone making $50K would pay 20% of $25K (first $25K is exempt) or $5K in taxes, leaving $45K of disposable/savable income. And rather than spending hundreds of dollars tring to "get a refund" of money I was forced to send to the IRS at zero interest for a year, I could be investing it in any way I see fit.

I truly believe this would work, and I agree it would fix the budget in a reasonable amount of time.

Aren't dreams a wonderful thing?