Originally Posted by Throwby  I suppose it depends on what you consider "fair" to be. There is benefit to having a graduated system but I am disturbed by the politically popular talk of always suggesting the rich pay more taxes and I would be ecstatic if a system were put in place that would eliminate the IRS as we now know it in favor of a simplified tax code and a very small IRS. |
I hear at least as much talk, if not more, about the need for tax reduction, including the rich--as evidenced by Cyclone's first post here.
As for a simpler code, I think we would all agree that is a nice goal. However, those who advocate abolishing the IRS or radically simplying the code, typically leave something out of the discussion. The tax code has long been used as a policy tool--the carrot and stick approach. Should we dump all those policies we've implemented over the years (such as the home mortgage deduction, or deductions for employers to provide employee benefits) for the sake of a simplier code?