Thursday, August 17, 2006

Tax Reform Opponents

I forgot to say in my tax reform blog why my tax reform will not be implemented. There are basically two reasons why. First, the powers that be use the tax code as way to reward the people they like and punish the people they don't like. In other words it's all about control--they don't want to give up the control. Second, too many business rely on the tax code for their income. Like tax lawyers, tax accountants, software vendors who make money off of complicated tax code. There would be probably a lot of lobbying by these groups not to drastically change the code. But among the two reasons the first would be the primary reason why it won't change.

1 comment:

Anonymous said...

Ditto! Same reason there will be no third party in this country.