The real issue here are the 100 senators who sit there and insert line after line of tax code that they don’t understand but it helps their buddy who owns 2,000 acres of swamp in South Carolina or the guy who imports peanuts from Brazil.
My suggestion is rather simple...one flat tax and a limit on tax code of 288 lines (call it the “288-code). You can write as much as you want as a Senator to tax code....but after 288 lines....you merely overwrite what some other idiot wrote and theirs is no longer valid anymore. This is our problem.
When companies like AIG paid little or no taxes....it was the senate that made this possible. When Ford paid little to no taxes...it was the senate that made that possible. We need to take their code away....and make this so simple....that 3,000 IRS folks could run everything across the entire nation...and they’d only need a 8th grade education to read the tax code.
Their vision is also a flat tax, two part form.
How much did you earn?
What was your unearned income?
Add lines 1&2
Send it in.
You make a good point, and that is precisely why it is a lost cause.
Given that every politician in DC gets paid millions to dink with the tax code, why in heaven would they give that power up?
Note that the original US income tax WAS a flat tax.
Look where we are now.
“We need to take their code away....and make this so simple....that 3,000 IRS folks could run everything across the entire nation...and they’d only need a 8th grade education to read the tax code.”
What do you do with the 1 million accountants and tax lawyers?
Just askin....