A tax-cut-oriented simplification of the IRS code — so urgently needed today — will soon be politically impossible because of so many millions off the income-tax rolls, an increasing number of them middle-class. – IBD

 

 

From IBD Editorials

EXCERPTS:

The proportion of those paying no income taxes continues to hit higher highs — a trend that will ultimately make lowering taxes and reducing government impossible.

For decades, “fairness” has been liberal Democrats’ outcry against demands for lower taxes. The rich, President Obama endlessly contends, don’t pay “their fair share.”

It’s about as far from the truth as you can get. As the Congressional Budget Office showed in a new report on the distribution of household income and federal taxes, the rich are getting hit by the taxman harder than ever.

 

People who aren’t paying taxes, yet who are enjoying government dependency in various areas of their lives, aren’t going to give the time of day to politicians who seek to cut taxes.

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