It’s that time of the year: time to begin to commence to think about gathering up information to give to your account to do your annual income tax filing. Not only does Uncle Sam take your money, he makes the process difficult and painful.
Allow me to present an alternative: The Simple Income Tax. It’s still an income tax, but it is far simpler, simpler even than most flat tax proposals. And unlike flat tax proposals put out by the political Right, The Simple Tax is more progressive than what we have today. Yet it is in many ways flatter. Bipartisan action is theoretically possible.
Paradox? Slight of hand?
Nope. It’s simply combing all the different income taxes into one. For an extensive explanation and lots of numbers read the full article:
Then, if you feel moved to comment, come back here to the blog.