05-05-2011, 04:14 PM
Sure.
And yet.... the same empirical argument was applied to the whole concept of flat taxes. The problem is that 'deductions' are the government's opportunity to engage in social engineering... guiding the American people by grabbing firmly onto their wallets and pushing them towards.. home ownership.... charitable deductions... alternate energy... etcetera. When you remove that grasping hand, you remove a large component of the power that government holds over us.
As a result... don't expect politicians to like this idea.
Oh, and deductions are shown in the article as "Expenditures", which is a risible bit of obfuscatory word usage . How can you spend money you never had ?
And yet.... the same empirical argument was applied to the whole concept of flat taxes. The problem is that 'deductions' are the government's opportunity to engage in social engineering... guiding the American people by grabbing firmly onto their wallets and pushing them towards.. home ownership.... charitable deductions... alternate energy... etcetera. When you remove that grasping hand, you remove a large component of the power that government holds over us.
As a result... don't expect politicians to like this idea.
Oh, and deductions are shown in the article as "Expenditures", which is a risible bit of obfuscatory word usage . How can you spend money you never had ?