What do you say to Regulator’s post #15?
I'd say don't tax the income or the expense. Get rid of the IRS and get the government out of manipulative tax code schemes that create more problems and more government. A simple, flat consumption tax can fund what we need to.
He is correct, but that does not change the fact it is what it is, social engineering. If you are going to have a government someone has to pay taxes. I would rather it be a flat tax. If you want to debate tax theory, it’s a different subject. Maybe interest income should not be taxed???
I don’t think they should get rid of it at this point. My point was they should never have done it in the first place.