Thread: Taxes
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Old 04-15-2015, 02:16 PM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
I could care less what someone else is paying for an effective tax rate. The fact that an "effective" tax rate even enters into a discussion is - to me - absurd. Set side for a moment that Mitt's 20% as a dollar amount is HUGE compared to your 35%.

That's not the issue. THIS is the issue:

The issue is that the average Joe needs a software program or a CPA to figure their taxes out. The average company needs an army of CPA's and attorneys to figure their taxes out. The costs of that alone aren't figured into anyone's equation, but that not really what matters. What matters is that the political class uses the tax code far less as a revenue tool and far too much as a way to wield power. So, when someone says we need to "turn back the clock", I'm all for that as it relates to the absurd, arcane and overly-complex tax code.
Unfortunately, we're dependent on the same Congress-critters who created the abomination of the US Tax Code to fix it. As long as they continue to use the tax codes to reward their respective constituencies, there's no chance of it being meaningfully fixed. Hell, they can't even raise the gas tax a few percent to fix the Highway Trust Fund shortfalls.
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