There is no tax system in the world better than the 10% flat tax. The wealthiest and strongesg nations today are in flat tax. China, Russia, HK, Middle East, Easter Europe.
It is the simplest tax system that will block all leakages in tax collection. Its low, just and simple so more people will be paying the right taxes and will be willing to pay the right taxes.
And most specially all leakeges from corporate taxes will be removed thus, make collection efficient.
Which means more revenue for both govt and individuals. Yan ang flat tax. Gaya nung una, flat tax naman ang pilipinas. Kung ang Diyos nga 10% lang, who is man to ask for more? Hindi naman siya Diyos.