Thursday, June 13, 2013

Junk the Whole System...

The conclusion from a post by Megan McArdle:
When government has power, it will be abused. Sometimes that's the unavoidable side effect of something we need to do. But this isn't. It's time to junk the entire elaborate system.
She's talking about corporate income taxes and charitable deductions.  I'd extend those same thoughts to the rest of the personal income tax system as well.  It's time to start over...

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