Thursday, August 5, 2010

The Tax Debate

There are numerous opinion pieces out there debating the pending expiration of the Bush era tax cuts. This article is one of the better that I have seen as it addresses the whole issue in context . The end of her article is perhaps the best where solutions are described. I agree- either scrap the whole IRS code and go with a flat tax and no deductions or a consumption tax . As she says at the very end, if you want to remove the money influence from Congress then take the tax code away. Good idea indeed!