Taxes and other things
Who likes the IRS? Who likes the tax code? I would think if anything could be done in the swamp, it would be tax reform. It would be so simple. Flat tax? FAIR tax? Take your pick, doesn't matter to me, except that if we were to go with the FAIR tax, we need to eliminate the 16th amendment. Eliminate deductions, period, and drop the rate accordingly. Did you know that Russia has a 13% Flat tax? I like it. Yes, I would pay more, but I think all should have to pay something. Right now, the tax code is not about collecting revenue. If it were, it would be a simple rate, and it would be simply a percentage of what you earn. No deductions, no tax credits, no this, that, or the other. A minimal IRS to ensure compliance by EMPLOYERS withholding the proper amount. No $600 Billion a year in tax planning, preparation, and compliance. (yes, that is an accurate number) But it isn't about revenue, is ...