Our Broken Tax System Just Keeps Growing and Growing….

January 18, 2009 by Suzanne  
Filed under FairTax News

Here are a couple of good news stories that continue to illustrate that our tax system is broken and needs not to be reformed, but to be replaced with a simple and fair tax system.

From the Los Angeles Times -

Broken tax code snagged Obama’s Treasury pick
If Timothy Geithner — the guy Obama wants to run the Treasury Department — could make $34,000 worth of mistakes on recent federal tax returns, then clearly this is a system so bloated and complex as to be incomprehensible to all but the most pointy-headed accountants.

“The system has gotten out of hand,”

From AuctionBytes.com – an online news service for eBay and online merchants

New Law May Prove Taxing for PayPal and for eBay Sellers

A new law will require payment card processors and third-party settlement organizations to report eBay sellers’ and online merchants’ transactions to the IRS beginning in 2011.

Our elected officials keep adding layer upon layer of tax codes to a system that is already bloated and broken.  It is time for us all to stand up and tell them “enough is enough”.  We need the FairTax and we need it now.

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