With Tax Day here, Libertarians always have featured letters and articles in our nation's newspapers. Today's Indy Star is no exception, with a feature letter by Dr. Eric Schansberg. His topic is the payroll taxes. From his letter:
Unlike the income tax, there are no deductions or exemptions for the payroll tax. Every single dollar is taxed. As such, it is easy to imagine why payroll taxes typically impose a larger burden than income taxes. And it should be easy to see why the working poor are hit hardest of all.