Hacker News new | ask | show | jobs
by dontreact 3148 days ago
It's not silly. It's the first step in a long chain of events that hopefully will end up with a better tax code. Giving companies that do this bad PR incentivizes companies towards reporting loopholes instead of exploiting them.

Journalists already do try and explain the failures of the tax system. For example, check out this graphic: http://www.nytimes.com/interactive/2012/04/28/business/Doubl...

The tax code is complicated and boring and people would much rather read articles with outrage directed specifically at companies.

Should I say that you're silly for getting angry at journalists for following their incentives rationally?

1 comments

I agree that I'm being a little silly, it's what my last line hinted at! I do think outrage is better directed at our legislators than at corporations though, but I don't hold out hope for substantive change either way.
I don't think outrage is better directed at legislators until there is some consensus on what would be changes to the tax code that would help alleviate this problem. I think we're a couple of steps from that and I see no reason why we shouldn't get angry at the large companies until they help us with that step. After all: they are the experts on loopholes and tax evasion!