Quote:
Originally Posted by finnbow
Indeed. Fundamental tax reform may be the only issue with strong support across the partisan divide. Given that, you might think that Congress would do something about it.
However, they realize two things:
The industries who benefit from the big deductions (real estate, charities, health care) would demagogue to death the cutting of deductions that benefit them.
Your point. Congress would lose the ability to buy votes and financial support from those upon whom they bestow tax breaks/credits.
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This cannot be done in modern america just like healthcare could not, you are correct.
Too many making too much with too much power to be able to change.