November 21, 2012
Ralph Nader's Tax Reform Plan
As America faces the so-called "fiscal cliff," let's turn our attention to our country's systemic tax problem. ... The tax code embodies all the essence of life: greed, politics, power, goodness, charity." With that sentiment in mind, any significant push toward fundamental tax reform has to start by chipping away at the corporatized, commercial Congress which uses tax breaks, deferrals, credits and exemptions as inventory to sell for campaign cash in increasingly costly campaigns. Until that happens, the metaphorical "brake lines" will remain faulty as America speeds toward increasingly more ominous fiscal cliffs.
(Many of these tax reform solutions are discussed in further detail in the first chapter, "Fundamental Tax Reform" of my latest book, The Seventeen Solutions: Bold Ideas for Our American Future.)
(Hat Tip: Francine Lipman.)
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Congress sells tax exemptions the way bishops sold Indulgences during the Middle Ages.
Time for a Reformation and a couple of Defenestrations.
Posted by: cas127 | Nov 21, 2012 1:51:06 PM
Mr. Nader's proposal results in higher costs for those who can least afford them as "energy" tax costs would simply be added to the costs of goods and services. I thought he was anti rich guy and pro poor guy.
I had the opportunity to meet Mr. Nader during my freshman year (1965-1966). I was supposed to drive him to the airport but that was scrubbed because the car was a Corvair. Mr. Nader came across as an arrogant elitist and that was the high point of my opinion of him.
Posted by: Bob G | Nov 21, 2012 2:24:31 PM