2 ms·
Good analogy. Although I've mentioned this before here, it's relevant; the way the tax law was originally put into effect was very smart and not complicated a
by shawnee_ 15y ago
Good analogy. Although I've mentioned this before here, it's relevant; the way the tax law was originally put into effect was very smart and not complicated at all. ($4000 in 1893 ~ $100K today)
(1) Zero tax on any person making under $4,000 per annum
(2) Begin graduated tax rates on person making $4,000 or more per annum (with special attention paid to trustees and other persons whose income source is derived from estates)
(3) All corporations with profit subject to tax
http://books.google.com/books?id=ogUNAAAAYAAJ&pg=PP1#v=onepage&q&f=false http://books.google.com/books?id=ogUNAAAAYAAJ&pg=PP1#v=o...
Very simple. If the original tax code were dropped into place today, it would be greatly simplified for most people.
However, I disagree that tax laws need to be simpler for high-income, high-volume franchises. Following the original program analogy, it's necessary to be very strict and put many layers of control around processes that have the ability / potential / likelihood to zombie.
I guess that's where we are today with the US tax code: zombie processes' wasting CPU (GDP) pretty much hijacked the whole system.
- Canada 15y agoZombie processes aren't scheduled for execution and therefore don't consume CPU resources.