Bill Archer on Uprooting Income Taxes
on Thursday, April 10, 2014Bill Archer Money Quotation saying after passing complex tax laws as a former Congressman, that we need to start from scratch with fair taxation. Bill Archer said:
“The current tax system is defended by no one. I don’t believe it can be fixed. We must tear the income tax out by its roots so that it can never grow back” — Bill Archer
This quote from Bill Archer suggests that he viewed the existing U.S. income tax system as so fundamentally flawed and broken that it could not be reformed or repaired through incremental changes. The best interpretation is that Archer believed the income tax needed to be abolished entirely and replaced with an alternative system to prevent its problems from recurring.
He appears to be implying the income tax had deep-rooted issues that would persist unless it was uprooted completely to stop further growth of those underlying defects. Archer seems to take the position that the tax code required wholesale replacement, not piecemeal fixes, in order to establish sustainable tax policy going forward. His aim was to design replacement legislation that could prevent a similarly troubled system from reemerging in the future.