And You Thought Social Security Was a Hard Sell
John Linder, a Georgia Republican member of the House of Representatives wants to get rid of the Income Tax. Yeah John, don’t we all?
Well, not exactly all. Certainly the lawyers don’t want that and the accountants blanch at the very mention . . . stir in the housing, conference, restaurant and airline industries, add a liberal dash of pubs and clubs, deferred, referred and inferred stock options and top off with taking the power of taxation away from the powerful who impose them and what you have left is a very small contingent of supporters.
But we really need this and it’s good for America so it probably hasn’t got a chance.
George F. Will’s brilliant Thursday column lays out a pretty good case for Linder’s plan, but John Linder says it pretty well himself; “Any fundamental tax reform must result in a tax code that is simple, fair, voluntary, transparent, border neutral, industry neutral, strengthens Social Security and has manageable transition costs.
”These neutral principles wo…