Florida Conservative

A Conservative Take on Florida and U.S. Politics

The Real Tax Question

with one comment

I’m admittedly less than impressed with the leadership of President Barack Obama thus far.  I believe he’s a good man doing what he feels is best, but I also think he’s been wrong on important issues like States’ Rights, the economy, and Healthcare “Reform.”  Even so, he’s the President of the United States of America.  He can still do some good with the next two years if he makes an effort.

To stimulate the economy and encourage intelligent economic decisions, we need to simplify the Federal Tax Code.  Personal income tax preparation should not require an advanced degree or sophisticated software (Sorry, Turbo Tax!).  Both should be reserved for the nuanced complexities of corporate taxes.  I’ve long been a fan of a flat income tax, but that’s probably unrealistic right now.  Simplification is not.  It’s a bipartisan issue that might even help President Obama salvage his Presidency.  I’m not going to hold my breath. 

Read William Galston’s short piece in The New Republic at http://www.tnr.com/blog/william-galston/79723/the-only-way-obama-can-win-in-2012.

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Written by floridaconservative

December 8, 2010 at 10:00 AM

One Response

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  1. I agree that the tax code should be simplified. I would love to see a flat tax. That would eliminate all this bickering over who gets tax cuts – all Americans or do we exclude the top earners? (BTW, as of today it looks like all Americans will get the Bush era tax cuts for the next two years.)

    The problem for politicians is that they REALLY like having a complicated tax system that allows them to fiddle with the country, the economy, etc. whenever they want. Need a stimulus? Just cut personal taxes, payroll taxes, estate taxes, etc. Economy running well and need to balance the budget? Raise taxes! Need money to finance your new social project? Raise taxes again!

    Unfortunately, because of this I don’t think we’ll ever see a flat tax rate. (Also, it would put a lot of people at the IRS out of a job, I think. And cutting jobs is political suicide.)

    Brandon A

    December 8, 2010 at 8:45 PM


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