Government, Taxes 

Income Tax System Collapse in 10 Years

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I discovered this via Digg and it’s a really interesting piece by Thomas Frey about how our income tax system is to be reborn (I’m sure this title, borrowed from Frey, is sensationalistic) within the next ten years for a number of reasons, all of which make sense, which he lists and explains. All ten reasons are pretty valid and the ones that resonate more are listed near the front (increasing complexity, improved technology and anonymous money, terrorism, etc.). Despite the complexity of the topic, is a really easy read and something you should check out.

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One Response to “Income Tax System Collapse in 10 Years”

  1. Star Money Articles for the Week of January 23

    My favorite posts this week from the MoneyBlogNetwork members and beyond: AllThingsFinancial has lots of stuff on net worth — one of my favorite topics!!! Five Cent Nickel discusses a guy who was scammed out of $15k. Ouch! Blueprint for

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