VIDEO ON MSN MONEY
When are we going to end the fiasco that started in 1913 with the passage of the progressive income tax? We now have a system that allows politicians to willfully discriminate among US citizens to cater to their voting blocks. The tax system should only be used to raise revenue to run the consitutional based activities of the government, not to shape the behavior of the populace or redistribute wealth.
Let's end this now and replace it with a system that treats every individual US citizen equally under the law and provides equal access any service offered by the federal government to every US citizen.
This will eliminate the politicians ability to curry favor with their voting blocks through the use of the tax code, greatly simplify the code itself, reduce the size of the IRS and other parts of the government, and eliminate at least one facet of discrimination in the US law.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.