Tag Archive | "consumption tax"

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Redistributing Wealth, Simplified

It’s not fully clear what president-elect Obama plans to do on tax policy other than “redistribute” and make those families making over $250,000 pay their “fair share.” But I was intrigued by his platform pledge to:

Dramatically simplify taxes by consolidating existing tax credits…enabling as many as 40 million middle-class Americans to do their own taxes in less than five minutes without an accountant.

I don’t think for a minute that real tax simplification and genuine transparency (to make protest and revolt…

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Posted in Bailout Watch, Economy, Odds & Ends, Personal Liberty, Politics as UsualComments (4)

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