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Originally Posted by SentToStud
Sounds good to me. It also sounded good when Forbes used it as a policy platform a dozen or so years ago.
Problem is, the tax code is incredibly huge. How do you turn around a ship that big? I wish it would happen, but there's way too much top heavy interest group clout to let it happen. Besides the rich there are attorneys, accountants, banks, insurance companies, none of which would stand to benefit by massive tax reform.
It sounds great but unfortunately i think it's empty rehtoric.
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Yes, there would certainly be ton of people lobbying against it. The accountants and tax attorneys would certainly be against it. I'm sure that all the big corporations would be against it too. Alot of these big corporations don't pay much in taxes with all the loopholes in the current system.