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Response to AnotherMcIntosh (Reply #2)

Thu Dec 13, 2012, 09:45 PM

8. The reason for going through the trouble is...

...that it would eliminate tax advantages given to special interests and make the tax fairer, simpler to comply with and simpler to enforce.

The corporate tax code supposedly contains numerous "loop holes" and "special exemptions" each of which give tax breaks to a few special interests that lobbied for them. Getting rid of them spreads the burden more evenly and allows the rate to be lowered without loss of revenue.

Simplicity in the tax code is a virtue. It is fairer and easier to understand and comply with.

That's the theory. Whether it is true and whether it is worth the effort is another question.

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Arrow 32 replies Author Time Post
kpete Dec 2012 OP
geckosfeet Dec 2012 #1
Dakota Flint Dec 2012 #7
geckosfeet Dec 2012 #9
AnotherMcIntosh Dec 2012 #2
jtuck004 Dec 2012 #3
plethoro Dec 2012 #5
LineLineReply The reason for going through the trouble is...
reACTIONary Dec 2012 #8
AnotherMcIntosh Dec 2012 #12
emulatorloo Dec 2012 #13
AnotherMcIntosh Dec 2012 #18
HisTomness Dec 2012 #22
AnotherMcIntosh Dec 2012 #23
reACTIONary Dec 2012 #27
socialist_n_TN Dec 2012 #10
John2 Dec 2012 #14
jmowreader Dec 2012 #30
customerserviceguy Dec 2012 #4
democrattotheend Dec 2012 #6
xxxsdesdexxx Dec 2012 #17
John2 Dec 2012 #21
xxxsdesdexxx Dec 2012 #31
Coyotl Dec 2012 #11
John2 Dec 2012 #15
olddad56 Dec 2012 #16
ThoughtCriminal Dec 2012 #19
Doug.Goodall Dec 2012 #20
grahamhgreen Dec 2012 #24
Bucky Dec 2012 #25
zentrum Dec 2012 #26
SleeplessinSoCal Dec 2012 #29
SleeplessinSoCal Dec 2012 #28
xxxsdesdexxx Dec 2012 #32
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