Britannica reports a flat tax could lead to budget shortfalls because of reduced taxes for the wealthy. Supporters counter that economic growth from a flat tax could offset revenue losses.

Symbol Price Change %Change I:DJI $40,669.36 141.74 0.35 SP500 $5,569.06 8.23 0.15 I:COMP $17,446.34-14.98-0.09 Stocks closed mixed on Wednesday after new data showed the economy contracted for ...

MEXICO CITY (Reuters) - Mexico's economy likely remained flat in the first three months of 2025 as a result of uncertainty generated by U.S. President Donald Trump's fluctuating tariff policies ...