Our Troubling Tax System

A short video on the complexities of our current tax system put out by the Cato Institute, a libertarian think tank:

I'm personally against both a fair tax and a flat tax system because I believe that they both unfairly shift the tax burden onto the poorer elements of society. A progressive system like the one we currently use can work, we just need to get rid of most of the redundant regulations and loopholes that have swelled the tax code of late.

Remember also that one of the reasons our current system is so complicated is because of corporate entities and their endless attempts to work around legislation intended to make them pay their fair share. How can the average American be expected to do his or her part while watching the nation's largest businesses callously incorporating through a Cayman Islands PO box to avoid doing their's? I'm all for reforming the tax codes but it needs to start with the largest earners first before we work our way down the income ladder.

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