That Old Tax Magic
Americans – and taxpayers in many other countries – need a more transparent approach to assessing political contenders’ budget proposals. Candidates to lead their countries should not be allowed to get away with speaking in generalities or engaging in vague rhetorical flourishes.
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WASHINGTON, DC – Tax time in the United States – the dreaded mid-April deadline for filing annual income-tax forms – has come and gone. The system, Americans have been reminded, has become painfully complex, with many a loophole through which one might try to squeeze. The fear of an audit by the Internal Revenue Service lurks in homes across the country.