Wednesday, December 30, 2015

“Simplify” the tax code?

It’s more or less criminally deceptive for our elected representatives in Washington to keep dissing the federal tax code as “too long, too complicated, too burdensome.”

Here’s the latest:
Sen. Orrin Hatch (R-UT) said recently “First of all, we’ve got to take a look at the code itself. You’re talking about 70,000 pages and we got to skinny that down to where people can understand it.


The tax code is bloated with exceptions, deductions, givebacks, exemptions, waivers and special language favoring specific industries and even specific companies—all designed to reduce the tax liability of big companies, small companies and individuals. A hundred years ago the entire tax code was 400 pages.

Let’s start “simplifying” the federal tax code by getting rid of all that stuff, and then see where we stand.

I think most people could understand that.

Copyright © Richard Carl Subber 2015 All rights reserved.

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