BLINK! One of these things is not like the other:
On Jan. 18, the National Taxpayer Advocate, Nina E. Olson, sent a report to Congress that identified “sole proprietor tax noncompliance” as one of the “top two” problems faced by taxpayers. Ms. Olson then went on to recommend that “Congress enact a withholding requirement on payments to independent categories of nonwage workers.”
In other words, the “taxpayer advocate,” whose job description, in part, is to protect small business from being taxed too much, is saying small businesses need to be taxed more and also suffer an increased paperwork and compliance burden.
Richard W. Rahn, the author of the piece, is calling for Olsen to be immediately removed, because she doesn’t understand her job.
I couldn’t agree more. When I was a Registered Investment Advisor in the mid-1990s, it not only seemed like the paperwork increased every year–it did. And the fastest way to screw up a recovery is to ask small business to pay more taxes and do more paperwork.
Robert Novak once wrote that Republicans were put on Earth to cut taxes. Olsen needs to get with the program.