3 Comments

  1. Good post. I’m guessing you might have seen this already, but if not…

    You should check out the Fair Tax (http://fairtax.org/), which proposes replacing the federal income tax with a sales tax.

    It is currently before Congress and needs all the support it can muster.

    Actually, it’s getting a lot of attention pretty quickly, because people seem to think that getting rid of Income Tax is a good idea.

  2. It bears noting that the progressive tax has been favored by many people, Adam Smith and Thomas Jefferson included.

    Anyone that isn’t a halfwit, it would seem.

  3. That’s interesting. I hadn’t known the history there. But I’ve often thought to myself, “financial independence would be so much more practical without a different tax structure.” Where I live, the most oppressive tax is the property tax.

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