As if you need anything to make you more angry during tax time, there is journalist David Cay Johnston. His book Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else talks a little about how the tax laws benefit the super-rich at the expense of everyone else. Not having read it, I can’t give you a review. What I can give you is that this fellow is for what many conservatives have been calling for: a simplification of the tax code. When I’m doing my taxes, that sounds great to me.
However, he’s not talking about a flat tax of the type that Steve Forbes championed when he ran for the Republican nomination years ago. I wish I could explain why, but it’s not quite clear to me yet. Johnston identifies a progressive tax as having history’s endorsement as a tax that works, but that tax code complications make it easier and easier for the super rich to evade responsibility in shouldering their share of the tax burden.
I’m for tax code simplification. But there is a lot of money invested in keeping the tax code complex. I think neither of our current candidates are committed to simplifying it. Neither party cares at this point.Posted by James at April 13, 2004 1:54 PM