This article is a hot, steaming pile of crap.
Income taxes aren’t a fraud or a deception on anyone, they’re just a bad way to raise revenue. A consumption tax being the obvious alternative.
How about that? We could throw out about 70,000 pages of regulatory details and rules and nobody would have any reason to lobby for this or that special treatment in the future.
Not to mention that we could get rid of maybe 90-95,000 of our 100,000 IRS employees.
A tax that encourages investment. No special treatment possible. I’ll vote for that and anyone who supports it every single time.
With 70,000 pages of rules, most of which will not be interpreted the same way by any two IRS representatives, anyone can be controlled under penalty of law. The ‘money’ is always secondary. The control is key.
Imagine the hundreds of millions of dollars each year that we would save by having a flat consumption tax?