Wednesday, April 7, 2010

Forget The Economy Killing VAT - Try a Flat Tax

Politicians need money and power in order to get elected - which gives them more money and power. Not trying to sound overly cynical - but most of what these guys do is create legislation that allows for tax loopholes for their causes and donors. The power to do this (shower money on or remove taxes from certain constituents) is what gets politicians donations.
So how could this cycle ever be broken? I've got some ideas there, but more on that later.

For now, one can at least imagine...

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