To return to the original topic.....
Readers of this thread will see a lot about corporations taking legal deductions, and how this is still "wrong" in some way because they pay for lobbists to get tax codes from congress that allows this.
Note that this makes the corporations "evil","unethical", etc.
However - what does this make Congress? Should Congress not be standing firm and fixing this?
Now lets be fair here. Republicans want to "protect" business - ok fine. So with that argument its fair to say that in 2010, the change in congress would effectively halt tax reform. Lets pretend this is true (since some would debate it). Why then, in the 2 years when the legislature and the executive were controlled by the left, was there no serious tax reform proposed?
Neither "old school" party wants real change. Raising taxes won't eliminate the loopholes, so the left can still claim that corporations are "shady" while following the law. The right wants to lessen the burden, but not clear away the muck to make it more transparent.
Calls for a flat tax, corporate and personal - yet neither of the "power players" on EITHER side are willing to support such a thing. Both sides talk about how "its not fair", yet neither side works to resolve that.
Want fair - then tax equally. Exempt those items necessary for life. Food, clothing, housing, electrical and water. Everything else should be taxed. Millionaires don't become millionaires by pinching pennies. They make their money work. When the share is equal - both sides lose their greatest weapon, the ability to point to the other side and claim its all their fault.....
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Good Hunting!
Captain Haplo
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