Tax Reform Anyone?

Here’s an interesting article on a recent court decision that could affect our tax code.

I think the article is sort of wishful thinking, and am not sure that the Legislative branch will have the commitment to really follow through with a TRUE reform of the tax code. Neither am I convinced that a PURE consumption tax is the way to go…always been more of a flat tax kind of guy.

However, it’s interesting to see–given how the “income” tax has been instituted twice for a “temporary” purpose (and just happened to “stick” the second time)–what the goverment deems to be true income and what it doesn’t…or shouldn’t.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: