LETTER: FairTax simplifies tax codeWould you like to do something about our complicated tax system? Our legislators have made it possible for you to submit comments and recommendations at taxreform.gov.
Would you like to do something about our complicated tax system? Our legislators have made it possible for you to submit comments and recommendations at taxreform.gov.
The website states that our tax system acts like a wheel out of alignment on a car. It continually slows us down and takes us off course.
I would submit that our tax system is worse than that. The Washington Post wrote: “A 2011 paper by Richard Cebula and Edgar Feige estimated that as much as 18- to 19 percent of total reportable income is not properly reported to the IRS. These are people who are paid cash. That’s as much as $2 trillion in underground economic activity, with about $500 billion in taxes that aren’t being paid to the government.
CNNMoney.com reported: “In 2009, roughly 47 percent of households or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.” This means that, of those reporting incomes, roughly half pay no income taxes. They may be inclined to vote for higher taxes on others.
When you research the costs of complying with our tax system, the costs of not complying with it, and the hours involved coping with it, you begin to understand what kind of monster Congress has created. In addition, the IRS has again admitted to harassing certain groups.