As we start a new year, it's time to start thinking about Tax Day. And most of us have already felt the effects with a smaller paycheck.
And as I said last week, it's likely to get worse because Congress has yet to deal with a bulk of tax issues from this fiscal cliff problem.
Did you know the U.S. tax code is longer than the bible? Nearly four million words. No wonder Congress can't fix the tax system. I doubt even one of them have read the one we have.
But they just keep adding to it. It's government growth at its finest. So we have people in Washington that can't balance a budget, can't stop spending money they don't have, and won't deal with tax problems.
So we get what we got. A tax system that can never raise enough money to catch a runaway spending train. So before a fair tax system can be created, the budget must be balanced. So how do they do it?
I like Warren Buffet's idea the best. He said he "could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3%, all sitting members of Congress are ineligible for re-election."
Now that's a real solution. And we the people should demand it.
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'Consider This' is a commentary by KCBD Vice-President and General Manager Dan Jackson.
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