Friday, August 22, 2008
If I Could Change One Thing...
From Normblog's profile of John Hinderacker:
If you could effect one major policy change in the governing of your country, what would it be? > Abolish the progressive income tax.I'm no fan of progressive taxation, but I would answer the question differently: Abolish the withholding tax. It is the most egregious of all taxes. (I've always wondered how the government can constitutionally justify confiscating taxpayer property without due compensation. Does our resident CPA know?) Just imagine if every taxpayer had to pay their yearly income tax in one payment. One way or another we'd get change we could believe in.