Are you kidding me?
Please note that Hades has most likely frozen over. Kieth, Sandy and I have a general consensus on an issue!!!!!!! I too would love to have a talk on something like the "Fair Tax" or even a flat tax. The savings alone from the billions of dollars Americans both personal and corporate spend in dealing with the IRS would be a stimulus we all could get behind.
Alas, there is an army of accountants and lawyers whose livelihoods depend on having the knowledge of navigating such a system and being really well paid for that knowledge. They would not take kindly to having their occupations abolished by simplifying the tax code in such a manner.
Imagine, almost no tax forms to fill out, not paying for Turbotax every year, no Schedule Cs, tax credit for this, that and the other thing, navigating the maze of home office deductions for my wife's self-employment....millions of wasted hours....I mean...we can dream at last, can't we?
If only.
I'm Ed Thompson, and I approve this message.