Certainly that’s true - but let’s not give the pols the ideal tool to hide their spending/taxing shenanigans. Let’s take away the income tax and make it pubicly observable since the IT has far, far too many hiding place for mischief.
Well, that would certainly strip things down to their essentials. Freudian slip? (8^D)
I'd like to do away with the income tax, simply because I think it was misapplied anyway.
Exchanging my labor for a more portable and universally acceptable medium of exchange is an exchange, not income. I was out what I put into the equation (labor, expertise), and the exchange occurred at fair market value (otherwise, it would not have happened).
But the IRS wants to tax barter exchanges as if they were income, too.