Sunday, September 26, 2010

The Bondage of Inefficiency

Tax collection is a necessary and critical function of any good society, and while most of us may wish everything could be free, it's not. Fortunately, few people argue in favor of no taxation. What we do frequently argue, as a whole, is how much should be collected and from whom. Commonly missing from our dialogue, however, is the recognition and correction of what may be the greatest abuse of our tax system: inefficiency.

This bondage of inefficiency originates with thousands of pages of rules and regulations designed openly and specifically to manipulate and control our decision making, which is an entirely separate topic of its own. The inefficiency becomes readily apparent when acknowledging the mammoth and constantly expanding army of regulators who try to interpret and enforce the rules, the many professionals hired to try to understand the same rules and protect their clients against retribution, and the excessive non-productive hours spent by citizens tracking and accounting for decisions made and actions taken.

By removing the objective of decision making control, employing common sense, and deploying technology, the collection of taxes can be seamless and non-intrusive, or in other words, efficient. Efficiency removes the chains that inefficiency fetters.

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