In response to:

Study: The Tax Code Cost Taxpayers $228 Billion

Andrew336 Wrote: Apr 19, 2012 6:35 AM
If it's only on purchases, that won't work. Especially at the corporate level. All purchases would be made outside of the country. It also incentivises NOT spending money- which is bad for the economy. Taxing income and removing sales tax is a much better idea, though still very flawed.
true liberal Wrote: Apr 19, 2012 7:21 AM
Leave corporations alone.

Not spending money is a good idea. We overspend and have nothing in savings and then those that run into problems become wards of the state.

Saving is good!

Taxing income is bad. It creates monstrosities like the IRS that can find fault with anything
The National Taxpayers Union put out a policy paper looking at the increasing complexity in the tax code and came up with some shocking results. Americans spent over six billion hours filing their taxes this year and used professionals to figure the tax code out for them at an alarming rate.

The study, "A Taxing Trend: The Rise in Complexity, Forms, and Paperwork Burdens," estimated that at the average cost for a civilian worker, six billion hours filling out forms cost the economy $228.4 billion.

Complexity has only gotten worse. The number of hours spent filling out...

Related Tags: Tax Code Taxes