Economist sounds off on ‘complicated’ tax code #shorts



FreedomWorks chief economist Stephen Moore discusses the complexity of the U.S. tax laws. #foxbusiness

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48 comments

  1. Flat tax even for all 20% regaurdless of amount made . Billion 20% .$10000.00 20% jail for fraudulent filings. Fines . 80% tax on parasites politicians

  2. Flat tax for all! What’s better than that?

  3. How else are they going to justify the armed tax agency when they come to arrest you

  4. Almost like you're paying a bunch of crooks

  5. I DON'T TRUST ANY POLITICIAN ANYMORE!!!!!!! Local taxes went up where I live….

  6. I knew of a tax guy who was so good at helping clients find legal ways to reduce their taxes, the IRS targeted him. They decided to audit all his clients, so theyd leave him & put him out of business.

  7. So government can jerk us around. .

  8. WHY are ALL laws so complicated? Laws should be only 2 pages long, common language, follow the Constitution, and include the funding source from the existing balanced budget! THEN make a choice WHICH Bills get passed.

  9. It's so the people won't know how they are screwing us.

  10. They don’t want the stupid folks to realize they are getting ripped off. Liberals😂😂😂😂

  11. Defund Career Politician’s and Government Agencies. The IRS doesn’t Work for the Citizens of the United States 🇺🇸 it Works for these Treasonous Career Politicians and Employees of these do nothing Government Agencies. How Pathetically Criminal.

  12. That's the whole idea……

  13. Since Biden took over my tax payment has doubled each year and I'm on a fixed income.

  14. When the U.S. goes under, what will these idiots in D C. do?

  15. Mass taxation without representation.

  16. Almost like…now you got!!..

  17. All codes and laws are written by lawyers to make lawyers money to charge you more to keep the cycle going.

  18. Their confiscation program is working out perfectly for the progressives who started it in 1913. It’s a wampum shell game.

  19. Top powerful Democrats write 90% of the New tax code that increases taxes. They write the laws intentionally opaque, so the biggest corporate donnors have loopholes to wiggle through and avoid paying taxes. The powerful Democrats are selectively determining who is going to pay and who will not. What's then amazing is that it is always Democrat leaders complaining the rich and select corporations are not paying their fair share. Gee go figure.

  20. That,s how they steal from the american people,

  21. A simple solution, which would eliminate the over abundacnce of IRS workers, is to have a simple tax code. Everyone, I mean everyone just pays a straight tax percentage on their income. Both for big business and we ordinary citizens. The government would probably increase their income when all is said and done. But this is administration is too stupid to even consider this. Plus, our government wants America to fail and go broke. Lord help us.

  22. I worked at IRSyears ago in Error Resolution…even IRS doesn’t know how much you owe, despite computers programmed to figure it out.

  23. Impeached Joe Biden he’s a traitor, in fact, impeach a bunch of government officials. They’re all traders and child predators.

  24. Oh hell, even the IRS doesn't understand the tax code.

  25. Better to just not pay taxes it doesn't go to America anyway

  26. Quit giving our money to these other countries and we wouldn't pay so much in taxes. Americans could live so much better with much lower taxes

  27. Joe Biden is a criminal, in peach him soon

  28. We all know why. They want an excuse to take your money and give it to the corporations that paid them off.

  29. It's complicated so the rich get richer. But in Canada annually with all I spend and on all taxes throughout the year I pay 60 percent of my gross income.

  30. Abolish income tax completely

  31. Flat tax fee based on income. One sheet front and back, married filing jointly. One sheet front only for single.

  32. 12.5 sales tax on all new purchases.
    GET RID IF ALL OTHER TAXES PERIOD!!!

  33. Repeal incone tax. Replace it with a Bill to the States. Pass the Budget, apportiinit per capita, and send a bill to each State. Let the States withstand the Pork Barrel Spending and let them find the best way to pay Congress. The IRS can be shrunk by 90%.

  34. I retired and then traitor trump passed his welfare-for-the-wealthy "tax cuts" which raised the taxes on my retirement income and forced me back to work.

  35. It's so they can favor the rich who give money to corrupt politicians!!! And then they give the loop hole to not pay taxes!! Just like Taylor swift!! She loves corrupt democrats for the code to not pay taxes on her billion dollars

  36. I’m old enough to remember when we could write of the interest rates on credit cards, car loans, home loans, etc…

  37. The tax code is 57000 pages. The irs has more rules than the bible

  38. It's almost like corporations and the rich don't pay the same as the average person.