pull down to refresh
707 sats \ 5 replies \ @k00b 7 Jan \ on: DeSantis wants to 'eliminate the IRS' and implement a flat tax news
Every election cycle features a politician suggesting we do this. Tax reform seems so hopeless though. It's like a song for the choir the congregation will never hear.
While the effect is similar, I'm more fond of a national sales tax. Regardless it should be income or sales tax and not both. If an income tax, I like the idea of flat taxes with a progressive threshold - something like the lower tenth of income earners don't pay the tax.
True. Didn't Trump push a Paul Ryan idea of a tax code so simple you can file on a 3x5 card? I'm probably getting specifics wrong, but it was popular. Went nowhere tho.
Its like running for school president on the campaign promise of free ice cream on Fridays for all students. Childish.
reply
I have the theory that we tend to collectively underestimate the power of unelected bureaucrats. If your proposals go against their interests, they'll just rebel and keep throwing sand in the gears.
Examples: Brexit implementation, Trump's immigration laws etc.
reply
People love to hear it. @elvismercury introduced me to signaling theory not long ago and it really only makes sense in that frame.
reply
And now you've introduced it to all of us. 🤙
reply