- We would need a law effective in every state to the effect that a price attached to an item is inclusive of all taxes. A big tax bite added at the register just won't be acceptable but if the taxes are part of the price sticker, then they will quickly blend into the background. A breakdown of the price could be printed on the sales receipt.
- All of the attorneys and accountants who currently earn their living by guiding you and me through the maze of tax law would have to be re-tasked. This is almost certainly the bigger problem and one that has prevented US tax law from being reformed since the income tax became law in 1861 via the 16th Ammendment. Note that this was a Republican government (under Abraham Lincoln) actually trying to pay for the war they were getting into.
Communication today is hampered by two conflicting tendencies. One is an increasing "fog factor" and the other is decreasing attention spans. Short declarative sentences or questions using words of three or fewer syllables should be able to get us by regardless of the subject at hand.
About Me
- Mike
- I have worked in health care information management for more than 13 years. I have been a patient of many physicians for much longer. I have found most physicians to be devoted and conscientious but captive to systems and processes that they often don't even think about. We could all benefit from better communication. I'm on LinkedIn (http://www.linkedin.com/in/mpmeier)
Saturday, July 28, 2012
Taxes Simplified
Talk of a federal sales tax recently had me thinking. As a replacement for the income tax, this has some traction. To make it work, there are just a couple of things that will need to be resolved.
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