Re:To Understand the Benefits of Tax Reform, Start by Unders...
by maxxxxx on Thursday November 09, 2017 @01:38PM
(#15664693)
I would be with Rand Paul but his proposals would mainly reduce taxes for the wealth without making much of a difference for the average guy.
Re:To Understand the Benefits of Tax Reform, Start by Unders...
by lend000 on Thursday November 09, 2017 @05:20PM
(#15666298)
I see nothing wrong with only agreeing with a subset of a person's politics. I support some of his tax reform ideas (especially the common theme of simplifying the current system) not because they are perfect, but because they would be a large non-incremental improvement on the current system.
Re:To Understand the Benefits of Tax Reform, Start by Unders...
by maxxxxx on Thursday November 09, 2017 @06:22PM
(#15666608)
I don't think his plans would be an improvement because they would just make inequality even larger. I don't think we need that.
Re:To Understand the Benefits of Tax Reform, Start by Unders...
by rrhd on Thursday November 09, 2017 @06:55PM
(#15666800)
> Many of the same people who get angry about the complex tax acrobatics used by big corporations also deride people like Rand Paul who have suggested a one page tax code.
because that's equally absurd and harmful.
But what about my deduction for this? What about the deduction for that? Hundreds of thousands of pages later, that's how you end up with loopholes that only the savvy/wealthy are able to find.
That's the kind of thinking that led to this mess. Like good developers, we should abstract the tax code to simply define the acceptable conditions for something to be deducted. Then, the Treasury can provide a list of 'standard' deductions somewhere that won't attract any extra scrutiny, and which will suffice for most purposes. Things like a minimum rent amount, minimum food expenses, etc.