Tuesday, April 06, 2004

Here's a solid piece from Bruce Bartlett appropriate for tax season. Anyone who thinks "the rich" don't pay "their fair share" needs to read this. That's right, I used the scare quotes because neither term has any meaning after years of abuse from the left. "The rich" is anyone who has made good choices in their life and can support themselves financially and "their fair share" is equivalent to the amount that it would take to keep a majority of citizens under the 24/7 care of the government.

As many of you know, I'm self employed, so despite having a really good accountant find every possible loophole, my family still pays over 40% of our income back to the gubment. (The president of IBM pays a smaller percentage of his income back to the government than I do.) In addition to the ridiculous system of progressive taxation we have, we really have address how difficult we make it for small businesses to survive. (I can't imagine what poor Michael goes through every year paying taxes in Belgium.)

It's time for the Fair Tax (fairtax.org). Either that or just come up with a flat tax rate. Let "the poor" decide what it will be. Enough of this crap already.

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