Friday, June 15, 2012

Streamline the tax structure

The ideas here are to reduce administrative costs of taxation.
Government employees should be exempt from paying taxes to the government entity they are working for whether it's the Federal, State or a local gpvernment.  Instead of paying taxes to that entity, they should just have their paycheck reduced slightly.  If this is the only income they are receiving, they should not be required to file a tax return to the government entity they are employed by.
People who make less of then poverty level income should be exempt from paying taxes.  Poverty level would need to be based on the cost of living in the area where the person lives.  Many of the people who are living on those incomes are going to end up applying for some sort of public assistance.  if they are not taxed that's less public assistance they have to apply for. 

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