|
Auctioning of the tax code |
|
|
|
Monday, 10 April 2006 |
With millions of Americans once again struggling to complete their federal income taxes, it is a good time to reflect on the profoundly dysfunctional and highly punitive federal tax code that only gets more complicated year after year.
The patchwork quilt of tax loopholes, exclusions, adjustments and various forms and schedules that we all struggle to understand is a reflection of the wholesale auctioning off of the tax code over the last several decades at the hands of an army of powerful, well-heeled lobbyists. The hallway in front of the tax code-writing House Ways and Means Committee where they practice their lavishly compensated trade has even been dubbed "Gucci Gulch" in recognition of the $1,000 shoes worn by many lobbyists.
See the full story at The Washington Post
|
|
Last Updated ( Monday, 10 April 2006 )
|
