Belgium's Flat Tax Reform Shifts Burden from Income to Savings
The article looks at what would happen if Belgium switched to a flat tax system. This means getting rid of tax breaks and having everyone pay the same tax rate. The study found that this change would make income distribution worse. When they looked at a different scenario where all tax rates were equal, high earners would benefit the most, while low earners would pay less tax. Overall, the way savings are taxed would be more fair under the new system.