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Date: 2007-05-23 04:46 am (UTC)
One reason is that it annihilates the government's ability to incentivise or disincentivise behaviors through taxation. Take charitable donations, for example- their tax-exempt status helps drive money into the coffers of charities, and this is because the government wishes to incentivise charitable giving. With a Flat Tax, you can't do stuff like that anymore.

(Of course, I don't have a pony in this race in any sense, so I may be wildly off.)
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