The US Tax Code is notoriously complex and has become increasingly complicated over the years, leading to numerous problems. Despite historic high tax rates, the complexity of the code creates more issues than it solves. The IRS struggles to enforce the code due to its sheer complexity, which benefits those with the resources to exploit loopholes. The wealthy and unscrupulous individuals can take advantage of the code's complexity, while the middle class and law-abiding citizens are disproportionately affected. The tax code creates a rift between the American people and the government, perpetuating mistrust and reinforcing negative stereotypes of bureaucratic inefficiency. The IRS is overwhelmed, and a simplified tax code would greatly benefit the agency. The current system allows for corruption and uncertainty, and a more straightforward code would be better for all Americans. The complexity of the tax code is a major obstacle that must be addressed before discussing the level of taxation. A simplified code might not provide special cases for every possibility, but it would eliminate the current confusion and allow Americans to thrive.
www.zerohedge.com
www.zerohedge.com
Create attached notes ...