spiderweb not the tax code. we have done okay with the tax code. the tax code is a mess because of the 70,000 pages that dictate virtually every aspect of our lives and cost americans 6 billion hours of our time just to comply. six out of 10 of us pay someone else because not only so complicated we are afraid to make a mistake to get audited. it has created fear as well as complexity. john: so those six out of 10 could have used that money and time to boost the economy to do something useful? i is called deadweight loss. it cost $200 billion per year just to comply with the 70,000 pages of tax regulations that is why the economy grows so slowly. john: they are popular. steering people to good things, solar panels on the roof of your house to get a
penalties that says i will not insure my people i will just pay the penalty. it is the tax. the supreme court says it is a tax. the penalty tax will raise about $50 billion over 10 years and penalties paid by businesses who don t buy insurance. you have to or pay the penalty. john: we just cover four or five out of 20. it is so complex h&r block made a commercial to capitalize on the complications of obamacare. be affordable care act means big changes when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i know the law. i have the solutions and can help you figure it out. john: she is smiling. a big grin. i invited h&r block to talk
civilization has anarchy, chaos ruled over order. john: the training video they say without the i.r.a. civilization ends and chaos begins. it is worse than we thought money-laundering, bribery running rampant in the street and cash paid managers industry. what is wrong with paying cash? apparently that is destructive chaos. and they are upset that on that planet in mitscher s help people with taxes. they re all calling and. there practicing without a license we asked one for his credentials and he showed a movie ticket stub. which movie? avatar 17. i dreamed i would be rich and famous spirit that is why i became a public servant.
we can work out a number but make it flat to make it fair you hear people say i want it fair but they cannot tell you what the fair share is. you give them the numbers of the top 1 percent making 13 percent of the many that paying 39% of the taxes the eyes crossover but is it fair with everybody paid the same rate across the board? they say yes. i think americans are ready. john: i am skeptical providing most would say warren buffett has billions of dollars, he should pay more than i do. that is absolutely right to. he should pay more. john: i need a higher percentage. that would be progressive and that plays into people s jealousy. i don t want to go after millionaire s more than anyone else. we need a flat tax. people don t mind if you
we can work out a number but make it flat to make it fair you hear people say i want it fair but they cannot tell you what the fair share is. you give them the numbers of the top 1 percent making 13 percent of the many that paying 39% of the taxes the eyes crossover but is it fair with everybody paid the same rate across the board? they say yes. i think americans are ready. john: i am skeptical providing most would say warren buffett has billions of dollars, he should pay more than i do. that is absolutely right to. he should pay more. john: i need a higher percentage. that would be progressive and that plays into people s jealousy. i don t want to go after millionaire s more than anyone else. we need a flat tax. people don t mind if you