Sunday, September 19, 2010

Income Tax

No-one questions that the US income tax is destructive and inefficient. It does not tax the "rich" but instead it taxes those who want to improve their lot. Those who already have, can afford the accountants and lawyers it takes to navigate the system that the IRS itself does not understand.
On the other hand, people who have new ideas and the potential to shake up the status quo are easily entangled by the tax system and often smashed by it.
The wealthy certainly realize, that this system helps them to keep their power and perhaps that is why you see so few of them opposing it.

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