http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/ The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek Thu, 24 May 2012 03:09:54 +0000 hourly 1 http://wordpress.org/?v=3.0.3 http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/comment-page-1/#comment-7102 Speedmaster Thu, 02 Jul 2009 17:39:45 +0000 http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/#comment-7102 I agree, withholding is a very dark spot on Milton Friedman's record, imho. I would also like to see election day be the day after tax day. I agree, withholding is a very dark spot on Milton Friedman’s record, imho. I would also like to see election day be the day after tax day.

]]> http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/comment-page-1/#comment-7098 azmyth Thu, 02 Jul 2009 15:31:24 +0000 http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/#comment-7098 "If people can pay their cellphone bill every month, why can’t they pay their taxes the same way?" Paying a cellphone bill does not require solving multivariate differential equations. The tax code is so complicated it would impose an unreasonable cost on taxpayers to have to wade through it several times a year. As it is, it's bad enough doing it once a year. Perhaps a % of wage (not of earnings) tax or a consumption tax would be simple enough to administer on a monthly basis. “If people can pay their cellphone bill every month, why can’t they pay their taxes the same way?”
Paying a cellphone bill does not require solving multivariate differential equations. The tax code is so complicated it would impose an unreasonable cost on taxpayers to have to wade through it several times a year. As it is, it’s bad enough doing it once a year. Perhaps a % of wage (not of earnings) tax or a consumption tax would be simple enough to administer on a monthly basis.

]]> http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/comment-page-1/#comment-7084 Ross Thu, 02 Jul 2009 11:21:52 +0000 http://theunbrokenwindow.com/2009/07/02/fun-facts-to-know-and-tell-5/#comment-7084 No predictions, but thought I might pass on a link. My favorite site on tax numbers, specifically when I'm looking for bits of predigested data, is <a href="http://www.taxfoundation.org" rel="nofollow">The Tax Foundation</a>. No predictions, but thought I might pass on a link. My favorite site on tax numbers, specifically when I’m looking for bits of predigested data, is The Tax Foundation.

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