4 ms·
At low incomes, your tax return is highly likely to be incredibly simple. If you’re doing something so wrong that it generates an audit, the IRS clearly knows t
by rhexs 5y ago
At low incomes, your tax return is highly likely to be incredibly simple. If you’re doing something so wrong that it generates an audit, the IRS clearly knows they’re going to strike oil with the audit. They aren’t stupid.
What’s your solution? The poor should be able to commit tax fraud because going after millionaires is more important?
Everyone should have to follow the tax code we’ve collectively created. It makes changing it far simpler when everyone is impacted equally.
- RockyMcNuts 5y agosince you asked, my solution 1) VAT to replace income tax for bottom 50% or so 2) simplified income tax only for high earners (for normies consumption is an excellent proxy for income) 3) don't privilege capital income with low rates and infinite deferral 4) no corporate income tax which is a poor substitute for 3), and anyway corporate income is mostly accounting fiction