Beginning with the first tenent of the tax code, that is, it be progressive (euphanism for tax some one else), the tax code has been used to promote business and social policies. It should have been used solely to raise money for the needs of the government.
Everyone has their hands in the “tax code” from the realtors who do not want the home mortgage interest deduction removed to the low paid workers where the tax code is used as a wage subsidy.
FINALLY...a good(?) reason to fix/simplify the tax code!
WOW...who'd a thunk it!?!
Fair Tax seems to me the best solution. Every single purchase is taxed, and only the legal citizens get the monthly pre-bate. Illegals would become profitable, but they’d be motivated to become legal.
I would not suggest “simplifying” the tax code to Pres. Obama and his cronies. He’d change it to “How much do you make? Send it ALL in. We’ll send you back what we think you need.”
Aside from this, Support the Fair Tax! Tax consumption, not productivity! Get the illegals, criminals, etc., to pay their taxes, too! Get rid of a tax code so complicated that even the bureaucracy charged with enforcing can’t understand it!
The tax code does need to be changed, but real economic change and viability won’t occur until governments spend less than they take in.
When I see that itinerant criminal immigrants are smarter than the "top brains" in Washington and are sending 4.3 billion (and growing) of our tax dollars each year to fictitious "dependent children" in Mexico (who are probably not seeing a dime of it), I ask myself why I should be paying any taxes at all. Let's first send his fair share of the profits from his ghost written "autobiographies" as well as the millions he and Moochelle are skimming off the top of his Hollywood "fund raisers" for vacations, golf and reelection to these charlatans.
Yes, simply throw out the IRC and disband the IRS.
I call my tax plan the Simple Tax. You pay 10% of your gross earnings to the Feds and that’s it. No tax deductions, no tax refunds, etc.