Apr
15
2009

Why are Taxes so Freakin’ Complicated?

OAKLAND, CA - APRIL 10:  Manuel Alvarez (R) he...
Image by Getty Images via Daylife

I wish President Obama would take the fact that seemingly most of his proposed candidates for appointed posts have had tax issues as a catalyst for tax reform. Heck, as a public relations move, it would probably completely diffuse the perceived double standard that has tax payers wondering why those who create the taxes don’t have to pay them.

I really don’t understand why income taxes have to be so complicated. How much money would we save as a nation if we moved to a flat tax (or at least fixed based on income at time of payment). 99% of the overhead of income tax would go away (reducing costs associated with collecting taxes) and make it more difficult to cheat (increasing the taxes collected).



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Written by Aaron in: Money | Tags: ,

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