Thursday, October 27, 2011

Tax Code Madness

Despite my admission to libertarian attitude, I find it difficult o maintain that all problems are created by government. the one area where I think politicians give government a bad name is in trying to argue for why tax rates should be at one level or the other. That aside, I am keen to ensure that a limited government as measured by the proportion of wealth that it extracts from working people is kept to a bare minimum and the regulations for compliance as simple as possible. 

With that in mind, I see that nothing demonstrates the fact that when it comes to taxes, most politicians are all thumbs by the fact that the tax code of the US government runs into millions of words. granted that some politicians with an ideological persuasion may want to exaggerate its length, a tax code that is several times larger than the constitution of the US demonstrates that it was designed to fail. writing in Slate, Brian Palmer tries to make sense of the estimates given by some politicians in the republican party and says that all considered, the tax code could be in the 3-10 million range depending on whether supplementary notes and consonants are included or not. however one measures it, the tax code that long is not useful. No wonder one sees politicians coming up with beautiful-sounding but arbitrarily determined measures as 9-9-9.  

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