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Income Tax System Collapse in 10 Years

Posted By Jim On 01/24/2006 @ 9:33 am In Government,Taxes | 1 Comment

I discovered this via Digg [3] and it’s a really interesting piece by Thomas Frey [4] 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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[2] Email: mailto:?subject=http://www.bargaineering.com/articles/income-tax-system-collapse-in-10-years.html

[3] via Digg: http://www.digg.com/technology/10_Reasons_Why_the_Income_Tax_System_will_Collapse_in_the_Next_10_Years

[4] interesting piece by Thomas Frey: http://www.impactlab.com/modules.php?name=News&file=article&sid=7118&mode=&order=0&thold=0

Thank you for reading!