Panama Papers Reveal How Wealthy Americans Hid Millions Overseas
I really believe the best way to combat tax evasion is to make the tax process easier, more efficient, and less burdensome, especially to wealthy earners.<p>It is <i>insane</i> the amount of work that I put into my taxes each year, only because we have a small business and doing things right versus doing things wrong is a difference in the tens of thousands of dollars. The extraordinary amount of loopholes and special interests means you need experts. And as I&#x27;ve said before here, the current tax system exist in the interest and benefit of large companies, not small companies or individuals.<p>If we instituted an overnight 9%, 9%, 9% &quot;Simcity Tax&quot; system and eliminated the massive tax loopholes that exist in all levels of the tax code, then I guarantee that money would come <i>pouring</i> back into the United States.