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Hands Off The Poor, Starving Tax Lawyers!  |
| 19 November 2007
Congress and the Treasury are up in arms about the patenting of tax strategies.
Why? What is wrong with the idea that I should pay a fee to an attorney in Peoria
if she has been clever enough to think of a new way to stop the IRS taking my
money?
Is there a distinction between paying to use an intricate (and legal) method
of tax planning and paying to use a piece of software that fills in my tax return
form? The Treasury has no problem with paying for tax preparation, whether it
is done by man or machine, so where is the issue with patents for intellectual
tax strategies?
This is just an atavistic feeling that somehow non-insiders should not be allowed
to tinker with the mechanics of tax collection. 'They' think of it as their
money, not ours, so to them it somehow feels wrong that someone other than the
tax collectors should profit from the process of tax collection.
Well, on that basis, all Medicaid practitioners should work for free, as should
lobbyists, and, of course and in particular, Congressmen. So put that in your
pipes and smoke it, Messrs. Baucus and Grassley. It is a particular shock to
see a Republican sponsoring such an illiberal and anti-market measure. Where
did he learn his economics?
You have been reading an entry on the following blog:
Jeremy Hetherington-Gore Unleashed
Jeremy tackles the difficult issues head on!
Contact: jeremy@lowtax.net
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Tags:
Banks | Law | Taxation
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