I hadn't been thinking about a flat tax when I was writing this but I can see the value based on tax law complexity and changes. Given the assumption that our tax structure should reflect public policy (encouraging savings for college, retirement savings, home buying), I actually feel a bit of empathy with Congress, having to change tax laws to keep up with society (high college costs, need to replace pensions with personal savings).

But it would be interesting to know whether people even know about all these rules (I have Coverdell accounts for my kids but didn't realize that withdrawals were tax-free, under provisions) and see how people's habits actually change based on tax-law changes.

I might get overwhelmed, pfodyssey, thinking about possible changes, though imminent ones might be interesting to follow. A recommendation from The Quiet Millionaire author was to use tax-advantaged and taxable accounts (401(k)s, Roths, regular investments) b/c you never know how things will change and you can hedge your bets. Thanks for reading!