Death, Taxes, and Other Stuff (continued)
Our tax system needs help. Serious, far reaching, intense help. Who in this country would like to have a bit more of their hard earned dollars end up in their own pocket? It won’t happen unless some major changes are made. I’ve presented the problem (See my article, June 12 ), now we delve into a potential solution. Now, disclaimer here, I do not claim to be an economist. My aim here is to present a bit of our past and allow that to point out a potential future that will keep America going strong. Not much is said about taxes in our nation’s Constitution. However, many would be surprised to find that when our Founding Fathers wrote our chief governing document they expressly denied the federal government from implementing a certain type of tax. What type of tax did the Founders say was out of bounds? Article I, Section 9, Clause 4: “No Capitation , or other direct, Tax shall be laid, unless in proportion to the Census or Enumeration herein before directed to be taken.” What ou...