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Old 07-02-2012, 06:02 PM
12,920 posts, read 14,412,957 times
Reputation: 5434


Think about all of the tax lawyers and tax accountants hired by the private sector just to process their taxes.

As far as I am concerned, these "private" professionals are nothing more than government bureaucracy with a different name, since their sole purpose is to accommodate government rules and regulations.

Think of how the private economy floodgates would be opened if we weren't paying for all of these unnecessary government functions. (The professional people would be doing more productive work, though not necessarily the same kind, and companies would be able to hire even more new employees with the new capital and production.)

Not to mention all of the other bureaucracies that could be eliminated as well, further increasing the private sector.

We need a simplified tax system. Whether it is something like Herman Cain's idea, or some other flat type of system.
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