Johnston says Congress keeps passing laws that make the tax code increasingly complex, while at the same time it’s cut funding for the IRS, making it very hard for the agency to inspect returns properly.
Still, says Johnston, it’s almost impossible to cheat on your taxes if you earn your living in wages, because most taxes are deducted from your check before you are paid. On the other hand, people who own business and those who make most of their money from investment “self-report” their income, which creates many opportunities for mistakes and for cheating.
Johnson says there is a fundamental problem with our tax code — it’s not structured for growth and job creation; it’s structured to reward speculation and cash hoarding."
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