Wednesday, April 29, 2009

The Ari Fleischer tax plan

I'm not in line with his whole rationale, but agree 100 percent with his proposal:
"...we should create a simple income tax system that has no deductions or credits at all. The result would be a progressive, multitiered income tax in which everyone pays."
There will certainly be disagreement about how progressive, but I'll take a system like that any day as opposed to the current mess we have. A system with no credits or deductions would not only be more fair, it would save billions in tax preparation expenses.