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True that the US tax system used to be a lot worse and a lot more vindictive. See the hearings during the nineties that led to IRS reform. Horror story after ho
by aksss 6y ago
True that the US tax system used to be a lot worse and a lot more vindictive. See the hearings during the nineties that led to IRS reform. Horror story after horror story.
But that doesn’t mean it’s a great system now. I would favor dropping exemptions and moving to a lower flat tax, for instance - taxes by postcard. Probably never that way for businesses, but for 9-5ers, it should be way more straight forward than it is now.