tag:blogger.com,1999:blog-25740524.post7343970856102143300..comments2024-03-11T13:16:19.098-04:00Comments on Ad Orientem: Top Senators Propose to Scrap Tax Code and Start OverUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-25740524.post-50115742005937630722013-06-27T16:51:03.531-04:002013-06-27T16:51:03.531-04:00I am all for simplifying the tax code, but I fear ...I am all for simplifying the tax code, but I fear there are far too many accountants and tax attorneys to ever let it happen. The Archer of the Foresthttps://www.blogger.com/profile/03075768526819990250noreply@blogger.comtag:blogger.com,1999:blog-25740524.post-12612360087827993032013-06-27T14:29:12.482-04:002013-06-27T14:29:12.482-04:00If they would seriously reform it to make it flatt...If they would seriously reform it to make it flatter and eliminate any exemptions or deductions, AND stop sub-classing types of income, it would make everything much fairer. It would draw in people who evade taxation now, including (especially) large corporations and those who live off of investment income.<br /><br />Of course, then they wouldn't be able to trade influence for corporate money and poor people's votes, so......David Garnerhttps://www.blogger.com/profile/10868519827605827991noreply@blogger.comtag:blogger.com,1999:blog-25740524.post-50243641572794559082013-06-27T13:51:11.403-04:002013-06-27T13:51:11.403-04:00I'd love it if they just implemented the FairT...I'd love it if they just implemented the FairTax. However, with the current trend of coddling the 1% at the expense of the middle class, I suspect that they will kill the mortgage interest deduction and child credit, while preserving lower rates for dividends and capital gains.CJnoreply@blogger.com