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    Eliminate Taxes on the Poor
    Lower Taxes on the Middle Class
    Lower Taxes on the Rich
    Raise Taxes on the Wealthy

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« Tax Complexity - Amity Shlaes | Main | Radio Interview - Saturday June 14 »

June 12, 2008

Tax Uncertainty

Maybe it is a Financial Planner "full employment" bill that both of the presumptive candidates are proposing.  Both candidates are obviously for tax change...therein lies the problem.

The Tax Prof makes a comparison of the Obama and McCain tax proposals.  Both plans are straight down the party lines.  They play to the major constituencies of both parties.

The average taxpayer should vigorously object to both of these plans.   We have described the average taxpayer as "Generation V"...the Vegamatic Generation.  Our politicians "slice and dice" the taxpayers to pander for votes.  After each cycle, some group of taxpayers is disadvantaged, and there is more out of control spending...frequently in favor of the well-connected rats.  Over time, the average taxpayer foots most of the bill.

Why stand still for this?  Let's enact the Hedge Tax, and end the class warfare over taxes for good.

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