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by thenewbtg
4441 days ago
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That's wholly untrue. Yes, the tax preparation industry has made token donations to efforts to preserve the current tax code. But I would argue that the failure of tax reform is not so simple. Major tax reform is a massive, massive legislative undertaking. And doing so redefines many of the basic American incentives. Having your say in tax reform is the equivalent of leaving your mark on the next 20-30 years of American society. Suffice to say, the massive polarization of our Legislature, combined with the hyper-efficacy of Senate obstruction, and finished off with the fact that tax reform is hard to campaign on means that there is no real incentive for our legislators to reform. But sure, a token campaign contribution making up a miniscule fraction of total donations doesn't hurt... |
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There's a certain irony in wealthy corps/individuals being able to pay less effective taxes than the less fortunate purely because they can afford to work the system to their advantage. The only reason most of these gimmicks are possible is because the government is so damn determined to influence behavior through taxes.