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Home Front: Culture Wars |
The IRS's vast new ObamaCare powers. |
2010-07-18 |
Posted by:Goodluck |
#4 Yes, tax compliance rises with easily understood tax laws, simple forms, and fair rates. It is only when that the tax laws are convoluted that it becomes economically viable to go through the headaches that hiding income entails, especially for those with a major income. Look at the beginning of the income tax in the US : very low rates, very simple tax laws, very simple forms, very high compliance. It was only after the rates kept going up that the lawyers got involved and all of the loopholes and shelters got created. |
Posted by: Shieldwolf 2010-07-18 12:56 |
#3 The social-engineers will never understand: the easiest way to insure tax compliance is with tax rates that are fair and easy to report. |
Posted by: Free Radical 2010-07-18 07:36 |
#2 Meanwhile, the IRS will be inundated with useless information, because without a huge upgrade its information systems won't be able to manage and track the nanodetails. Obama supporters Bill and Milinda Gates are probably already testing the new beta software. |
Posted by: Besoeker 2010-07-18 06:35 |
#1 You really should look at former PM Brown here in the U.K. I see rather too much similarity between Obama and Brown for comfort. |
Posted by: Bright Pebbles 2010-07-18 06:19 |