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'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% "Simcity Tax" 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.