Friday, October 07, 2005

Citizens for an Alternative Tax System

Citizens for an Alternative Tax System: "Adam Smith in The Wealth of Nations, sets forth four signs of a bad tax system:
1. A large bureaucracy for administration. Did you know that the IRS, with over 150,000 employees is the largest tax bureaucracy since ancient Rome? Its tentacles reach out and have hold on over 200 million people.
2. A system that puts taxpayers through 'odious examinations...and exposes them to much unnecessary trouble, vexation, and oppression.'
3. A system that encourages evasion.
4. A system that obstructs the industry of the people, and discourages enterprise which might otherwise give 'employment to great multitudes,' i.e. jobs. That obligates people to excessive payments and thereby takes away the funds that would promote commerce, industry and employment. "

No comments: