Brent over at Weekend Pundit has a quick discussion about tax reform, citing Ed Feulner over at TownHall. The money quote from Brent:
I like the story of one of NH’s senators Judd Gregg, who has special training beyond law school in tax law. Yet he can’t even do his own taxes, it’s just too complex
The original purpose of a tax is to raise money for a given level of government. With all of the additions and changes (with very few deletions) over the years, they are both right -> this is nothing more than a hodgepodge of rules to favor a given entity over another. In short, it is the easiest and fastest way to manipulate the public into certain behaviors and to be used by companies against each other (or industries for that matter). At the same time, it has provided braces and college educations to the offspring of those that benefit the most – tax accountants, lawyers, and lobbyists.
For the rest of us, it is either having to employ our own accountants and lawyers, sweating and uttering choice words before, on, and shortly after April 15th. And given the rising cut of government taxes, perhaps fewer braces and lesser college education than if we were able to keep more of our hard earned money.
Here’s what should be done: