The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
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The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
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July 14, 2006
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Trivia Tidbit Of The Day: Part 274 -- Our Complex Tax Code
These Costs Aren't Chump Change-
Because the tax code has gotten so complex, the cost of complying has become ridiculous:
In the last century the cost of tax compliance has grown tremendously. This is due partly to the inherent difficulty of taxing income, but also because of growing non-economic demands lawmakers place on the tax code. As Congress debates the tax reform recommendations of the President’s Advisory Panel on Federal Tax Reform, Members should address this growing compliance burden, and work to reduce it through tax simplification and reform.
The costs are growing because of the necessity of tax planning, the inevitability of audits and lawsuits, and the complication of tax preparation:
Interestingly, these costs represent a fairly high percentage of taxes collected by the federal government:
Imagine a simple tax code. With lower, flatter rates. Not as much rigamarole. Simple. Straightforward. No H&R Block or Turbo Tax necessary. Why not?
The Tax Foundation (.pdf).
Previous Trivia Tidbit: Our Congressional Districts Are Getting Huginormongous.
Posted by Will Franklin · 20 February 2006 11:54 AM
Argh, I call this the 'tax-tax' , or the 'lawyers' and accountants' full-employment tax' - all the extra grit in the wheels of our economy that comes about because of our ridiculously byzantine tax code.
It simply amazes me how far people will bend over, and how much they will pay simply for the privilege of complying with our tax requirements, but the long-suffering taxpayer will one day put up with no more of it.
Tea into the harbor, anyone?
Posted by: Ken McCracken at February 20, 2006 12:35 PM
Read my lips... No new tax codes!
Posted by: Zsa Zsa at February 20, 2006 02:58 PM
No new tax code, that is, unless it creates a flat, simple tax.
Posted by: Zsa Zsa at February 20, 2006 09:03 PM