October 25, 201213 yr Less words means less loopholes. Creative interpretation of rules and exploitation of conflicts is where the loopholes lay. The first part of that is not necessarily accurate. A flat tax doesn't just solve every problem. For example, how do we treat mergers and acquisitions? What constitutes a realization event? These and many more are issues that still must be addressed, and 5,000 words is just wholly unrealistic. And it doesn't begin to address international tax issues, which still exist even if the US was somehow able to simplify its code, since it relies on other tax codes and tax treaties, as well.
October 25, 201213 yr I happen to agree that 5000 words is probably inadequate for an income tax scheme, but it is hardly "crazy" and certainly is not "extremist". I also did not claim a flat tax was the answer. I happen to prefer a consumption tax scheme, it too has flaws, but none of those flaws discourage effort.
October 25, 201213 yr I happen to agree that 5000 words is probably inadequate for an income tax scheme, but it is hardly "crazy" and certainly is not "extremist". I also did not claim a flat tax was the answer. I happen to prefer a consumption tax scheme, it too has flaws, but none of those flaws discourage effort. Crazy was your word. And I do think it's crazy, of course depending on how you define crazy. That list mentioned a flat tax, which is why I brought it up.
October 29, 201213 yr Why not let people pay for government services directly? A lot of people pay for things they don't use or pay more or less than something is actually worth. Why can't the government operate like a free market? Gosh they might even be encouraged to cut waste and increase productivity to get people to buy their service.
October 29, 201213 yr There are services that are provided by the government that need to be available even if they could never generate enough money to pay for themselves.
October 30, 201213 yr Also, not sure what that post has to do with this thread? Why not let people pay for government services directly? A lot of people pay for things they don't use or pay more or less than something is actually worth. Why can't the government operate like a free market? Gosh they might even be encouraged to cut waste and increase productivity to get people to buy their service. I was answering that
October 30, 201213 yr Also, not sure what that post has to do with this thread? Why not let people pay for government services directly? A lot of people pay for things they don't use or pay more or less than something is actually worth. Why can't the government operate like a free market? Gosh they might even be encouraged to cut waste and increase productivity to get people to buy their service. I was answering that Yep, I know. I meant what does LordMagnus' post have to do with this thread. I got you, brah.
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