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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