Tax Guru-Ker$tetter Letter
Monday, April 19, 2004
Tax Compliance Costs - Good look at the increasing costs to our society just to stay in line with the ever changing tax rules. It echoes a sentiment I have long discussed on how unfair it is to require victims of the IRS research projects, with their line by line dissection of every item on their tax returns, to pay for their representation or take time off from work to handle it themselves.
A Taxation Policy to Make John Stuart Mill Weep - While I obviously don't accept the judgment of this piece, it does have an interesting look at tax policy in regard to "horizontal equity" and "vertical equity."
Recapping the Benefits of a 529 Plan - There is a lot of confusion regarding these education savings plans, including the misconception that there is a tax deduction allowed for contributions to these accounts. Having different rules for the various state plans also makes it tougher to know what to do.