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Good luck David.
- Quit trying to manipulate behavior with tax law.
- Make the tax burden proportionally equal.
- Make it that every one pays.
- Place the tax burden on consumption not production.
- Simplify, Simplify, Simplify,
- Eliminate the IRS.
- Implement a national Sales Tax.
Last year between National, Local, State, and Sales taxes I paid 69% of my income in taxes. I understand the current Tax code is 10,000 pages long. A business has to hire professional and expensive accountants to prepare their returns. It's so complicated that no 2 accountants will come up with the same numbers. Returns are prepared in fear or being audited. I recently was audited. It cost me $7,000 to have my accountant work through the audit. In the end it was determined that my return was accurate and I didn't owe anything more. But, the fact that it requires professional and expensive help to defend an audit is just wrong. Legit deductions are not taken for fear of raising the "red flag" that will trigger an audit. Just some of my thoughts.
Thanks, John
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