Thursday, April 13, 2006

Accountants just want to have fun...

The Wall Street Journal's Op Ed page is a never ending stream of blatent common sense. I love it. I'm not talking about the featured editorials that can come from readers (though they're usually of interest) but the ones that represent the opinion of "the paper." Whoever wrote today's brief, six paragraph treatise on the coplexity of our federal income tax code should be given a medal.

It's so short I wish i could just reprint it here. However, since that' s probably illegal, I'll just give the pointer above. For those of you without WSJ access it boils down to -- our current tax code is so complicated that most "professional" tax preparers cannot prepare tax returns error free at high rate. Washington's answer is is to that is to propose more training or a "certification" for tax preparers. Of course, this "bass ackwards" Washinton D.C. logic would mean higher costs for cititzens looking for help complying with this tax code monstrosity, and would not garuntee better results.

The real answer is to fix this Frankenstein of a tax code.

Tuesday, April 11, 2006

Mitt on the rise

Well, for some time there has been little doubt that Mitt Romney is running for President. His op ed in today's Wall Street Journal entitled "Health Care for Everyone? We Found a Way," only confirms the idea.

I have to admit that so far I've been pretty skeptical about the new Massachusetts health care plan. Governor Romney's article is worth a read, as it helps explain the plan, and acknowledges that it's just a first step. As I mentioned in the last post, I love the concept of states experimenting with different systems to see what works. "Laboratories of Democracy," as Cokie Roberts put it on This Week with George Stephanopolous...er...this week.

Governor Romney covers all bases. He admits that he's swinging for the fences, but would be happy if it just forwards the cause. He praises bi-partisanship, but takes a dig at Democrats for the unnecssary $295 clause they put in. He even ackowledges concerns of his libertarian friends.