Wednesday, May 6, 2009

Scrap the Code

I found a pretty decent website regarding the major tax reform this country needs. In this article, it lists the top ten reasons why we should scrap the tax code. The list is:

1. The Code is Too Complex.
2. The Code is Beyond Comprehension.
3. The IRS is Too Big.
4. The Code Corrupts the Culture in Washington. DC.
5. The Code Taxes Some Income Two or More Times.
6. Congress Uses the Tax Code to Legislate Morality.
7. High Marginal Tax Rates Penalize Success.
8. Complying with the Code Costs Americans Billions.
9. The Code Drives Political Donations
10. Laws Should Rest on Principles of Justice.

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