Thursday, March 23, 2006
Let's Get Rid Of "Income Tax"! National Sales Tax Just A Dream?
I hate doing taxes. Imagine if we all didn't have to "do taxes"! Am I living in a dream world? Of course not paying taxes is definitely dreaming, but is not having to fill out tiny boxes or guessing how much I'm going to owe the government next year a possibility or just a crazy idea? What's that addage? Something like "There are 2 things guaranteed in life...taxes and death." So getting rid of taxes completely is not an option, but a national sales tax? Maybe not so crazy if you look at some "almost radical" ideas being brought up by our politicians. One of them I really like, and it's the idea of a national sales tax. Instead of being taken out of wages, taxes would be taken out of everything we buy. Read more about it here. The "flat-tax system" is another idea out there, but I'm not so sure I agree with that. I hope this is an issue that becomes more prominent in the future. I think the US tax system is really a waste of time and energy, and should be made much simpler. It would definitely encourage saving! And of course change is always scary, but in many cases well worth it. What do you think? This is US specific...but there must be some countries with better systems? I have to do some research...
Posted by freedumb at 3/23/2006 07:14:00 AM