A Tax Foundation study found that the current U.S. tax code is over one million words in length.
The Office of the Taxpayer Advocate estimated that between 2001 and 2010, the tax code was changed over 5,000 times.
The complexity of our tax code leads to cronyism, loopholes and confusion.
A tax on income discourages earning income.
Economist Knut Wicksell argued that taxes and expenditures should be linked.
Dr. Clark states that when tax policy is used to reshape society, the result is typically unintended consequences.
If elected leaders simplified the tax code, the burdensome costs of taxation would decrease.
Source: “Taxes” from Hillsdale College’s Public Policy from a Constitutional Viewpoint course.
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