Happy Tax Day, folks.
A recent report on 20/20 opened my eyes to exactly how ridiculous our current tax law is. For instance, did you know that the complete tax code is over 50,000 pages? Or that Paul O’Neill, our Secretary of the Treasury, when asked if he does his own taxes responded, “Not a chance!” Or that the senior editor of Money doesn’t do her own taxes, either?
While a flat tax wouldn’t solve all the problems, there’s no doubt it would be a huge improvement over the current system. Of course, that will simply never happen… too many people’s jobs rely on explaining tax laws to all of us morons that find it confusing (or for folks that can’t afford to have someone else do it for them).
John Stossel is an idiot, but this time I agree with him.
Posted in Miscellaneous