| ▲ | 1123581321 9 hours ago | |
Individual tax rates would be set much higher if they were calculated based on personal budget surplus. The personal tax prep burden would be unbearable without cheating or taking a statutory amount of personal expenses, which is essentially our current situation. Arguably encouraging people not to save any money would be a moral hazard. However, I think you’re really just saying you’d like personal taxes to be lowered, yes? | ||