Abolishing the IRS

The Cato Institute’s Richard W. Rahn makes a solid case as to why the IRS should be abolished. Mr. Rahn argues that the present tax system gets failing grades for what it ought to do—“obtain the necessary revenue with the least amount of damage to the economy and the civil liberties of the citizens.”

Tax forms are often incomprehensible and ambiguous, not just to the average taxpayer, but also to tax professionals. Indecipherable IRS instructions ensure that taxpayers do not know whether they are in compliance, and as Mr. Rahn writes, “When the law becomes arbitrary, there is tyranny.” Read more from Richard Rahn here.

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Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, driving through Vermont and Maine, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.