April 18, 2005

The Economist: The Flat Tax Revolution

The Economist provides several useful tax simplification pointers. I wonder if I'll live to see the day that we have a rational, sensible tax system...

The United States, which last simplified its tax code in 1986, and which spent the next two decades feverishly unsimplifying it, may soon be coming to a point of renewed fiscal catharsis. Other rich countries, with a tolerance for tax-code sclerosis even greater than America's, may not be so far behind. Revenue must be raised, of course. But is there no realistic alternative to tax codes which, as they discharge that sad but necessary function, squander resources on an epic scale and grind the spirit of the helpless taxpayer as well?
more here

Posted by James Zellmer at April 18, 2005 12:00 AM | Subscribe to this site via RSS:
Posted to Taxes