Showing posts with label quick_hit. Show all posts
Showing posts with label quick_hit. Show all posts

Tuesday, October 25, 2011

Arguing With People on the Internet is Stupid

Arguing with people on the Internet is stupid. There are too many wrong people and too many people who are wrong by choice (in effect). You should just say what you think is right and move on. Maybe that's what a blog is for.

The Flat Tax is Stupid

Proponents of the flat tax say that it will simplify the tax code. However, the complicated part of the tax code is not the part which determines the rate at which taxpayers are taxed. The complicated parts of the tax code are the parts that deal with:
  1. Deductions
  2. Treating different types of income differently
  3. Treating different taxpayers differently
Simplifying the tax code needs to focus on removing or refining those three areas.

A flat tax would simplify the least complicated part of the tax code.