Monday, August 31, 2009

What is the "Real Tax"?

When a politician promises he is going to “cut taxes” or “not increase taxes”, I don’t know whether to cry in dismay or simply vomit and move on. If we could universally agree that a tax is NOT as Webster (1) states: “…a charge usually of money imposed by authority on persons or property for public purposes.”, then the world could be a more honest and transparent place.