Local, state and federal governments, they all want to reform tax structure while keeping tax revenue unchanged or preferably higher.
It is a giant shell game. Everyone ignores the elephant that is spending has to go down. That requires smaller government. Big government means more unproductive jobs and more ‘free’ stuff.
Guess who wins.
Why do some conservatives and libertarians want some Americans to pay more in taxes?
Oh, they don’t actually come out and say that. Then they would sound like Bernie Sanders or Hillary Clinton.
What they do say is that certain tax deductions are “loopholes” that need to be “closed” because they “distort” the tax code, “subsidize” high-income taxpayers, and encourage people to make “economically unwise decisions.” Read the rest of this entry »
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