For a number of years, I've heard this people-ought-to-pay-their-fair-share of income tax.
What's generally bothered me....we are at the point where six out of ten Americans pay zero tax.
These Senators and lobbyists on this agenda? I'm mostly in disbelief. The 80,000 pages of tax code? It's written mostly by Senators and House members.
What should be done to resolve this? Pick a level of income that is 'drop-dead' at welfare status ($3,000 a month per couple), and just start a new income tax code where you pay 'something'. Dump the 80,000 pages of rules and make this dirt-simple for a 8th-grade kid can understand. The whole tax code should not be more than 100 pages.
News Flash:
ReplyDeleteThe us tax code is probably less than a hundred pages.
The reminder are 'special laws', exemptions with such absurd limitations, they only apply to one individual or organization.
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A 'special law' might say something like:
* "... notwithstanding those stipulations in Section 34567.89 paragraph 543.2(a) [so you go to that Section, but it has nothing to do with the subject] and eliminating the standard... blah blah blah... prior to August 12, 1967 and continuously until January 29, 1987 but not encompassing the obligatory holding period of the month of July, 2002...".
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Sometime in the 1970s, after a weekend workshop with Bill 'Tycoon' Green, I followed his suggestion:
* I read some of the us tax code.
I quickly realized the whole dang thing is a scam.