Archive for September, 2012

Tax reform

Sunday, September 23rd, 2012

I think a flat tax with progressive deductions would be a lot more fair than our present progressive tax with flat deductions.

The flat tax I’m proposing should extend to all forms of income, meaning it shouldn’t matter if you are deriving your income from a salary or from investment dividends/capital gains.

I think this solution would work great for local and state governments as well as the federal government.  While we’re at it, I would propose that the government be forced to hire private firms to manage expenditures across all sectors of government spending.

Government cannot be trusted to set its own budgets and to determine its own expenditures.  I’ve seen it play at the local level myself, while working for the Los Angeles Unified School District.  Somehow, they have enough money to buy iPads and expensive Mac laptops in bulk, but they have to hand out pink slips to teachers because they have a disproportionate level of their budget allocated to technology equipment.

… which brings me to another point.  It’s hard to label yourself conservative or liberal.  While I’m a registered democrat, I find myself to be fiscally conservative despite being socially liberal.