4 ms·
There is merit to closing loopholes. It seems difficult to implement considering how codes and laws are actually crafted. Huge business of leeches creating tax
by landemva 5y ago
There is merit to closing loopholes. It seems difficult to implement considering how codes and laws are actually crafted. Huge business of leeches creating tax code and then helping people to utilize the tax codes to maximum effect.
Straight consumption tax (excluding uncooked food) and it becomes very simple to implement. And nobody would file a personal income tax again. Employers would not do payroll tax withholding so wage slaves would get an immediate increase of take-home pay.