Quote:
Originally Posted by Xist
People always say bad things about loopholes. People always say good things about transparency, but I do not believe that either will change because the people they benefit are powerful.
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There's some of that, perhaps even a substantial amount of that, but nearly everyone is represented by some form of tax silliness. Our tax code is progressive, and then that's balanced out by giving wealthy people $7,500 to buy an expensive EV, or a home buyer $8,000 to purchase a house.
There's no political advantage to fixing the tax code because it's uninteresting to propose something that benefits absolutely everyone. In a polarized political climate, we've got to only think of solutions that benefit a select group of people at the expense of some other despicable group.