Quote:
Originally Posted by pfblueprint
That's funny because Judge Learned Hand once said...
Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands
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That's exactly my argument though... that the law should demand a simple, inescapable tax. Base it on income level, perhaps including a
very limited amount of "exclusions" such as for children, then otherwise you owe exactly X% of your annual income. Can you imagine how that, without ANY % increase in tax rates, would increase tax revenue? It'd be significant, IMO...
However, I recognize that this is not something that will likely happen, because it would be largely unpopular, and unpopular issues get no support in Congress due to self-preservation. So........ yea. Whatev...