Monday, April 17, 2006
Tax Day
Steven Levitt of Freakonomics was on Michael Smerconish's show today. He mentioned that pretty much all economists favor something similar to a flat tax. Apparently, the economic cost of complying with a complicated tax code is high and that is one of their main concerns.
I wonder what all the accountants would do if they ever simplified the tax code. Hopefully, something productive.
Steven Levitt of Freakonomics was on Michael Smerconish's show today. He mentioned that pretty much all economists favor something similar to a flat tax. Apparently, the economic cost of complying with a complicated tax code is high and that is one of their main concerns.
I wonder what all the accountants would do if they ever simplified the tax code. Hopefully, something productive.
