Showing posts with label Fair Tax Flat Tax Income Tax Federal Government. Show all posts
Showing posts with label Fair Tax Flat Tax Income Tax Federal Government. Show all posts

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.

Sunday, April 5, 2009

When Are Taxes Fair?

I have posted on this blog a few times about The Fair Tax, and my support of it as a means of reforming our tax code. More importantly, The Fair Tax would (hopefully) remove some of the frightening power the federal government has over its citizens.

However, there is a bigger question here. One small part of the problem in the US is with how taxes are taken from us. The larger issue is how much, in aggregate, the government should be taking. To put in different words, how much do we want our federal government to do?

The tenth amendment to The Constitution reads, "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people." Does this sound like the structure of our country today?

I found an interesting article that discusses The Flat Tax and The Fair Tax. The revenue neutral nature of these tax plans do skip over what I perceive the real problem this country is having, which is the size, scope and control of the federal government.