The well-known American politician and businessman Steve Forbes is frequently brought up in conversations concerning tax reform in the US. He has made no secret of his conviction that everyone could gain from a more straightforward and equitable tax structure. He highlighted the idea of establishing a more equitable tax system where everyone contributes equally in one of his writings or speeches.

Forbes promoted a system in which there are no exceptions or loopholes and each taxpayer pays their fair share. Eliminating practices that enable certain affluent people and businesses to evade paying their fair share is part of his vision. Everyone would be able to contribute to the nation's finances on an equal basis as a result.

Imagine runners competing on a racetrack. Fairness is obviously compromised if some runners are permitted to start behind a shorter mark or have extra shoes to trip up other competitors. By guaranteeing that everyone begins at the same point and adheres to the same regulations, Forbes' proposal seeks to level the playing field. This method guarantees that those who can afford to make larger contributions do so, while also streamlining the tax code.

For a long time, Steve Forbes has supported measures that he feels will boost economic expansion while upholding justice. His support for tax reform is a reflection of his larger goal of creating a society in which everyone has access to opportunities, regardless of their starting financial situation.