View Single Post
Old 02-21-2013, 05:34 PM   #141
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $473425
Quote:
Originally Posted by KC native View Post
Are you ****ing serious? Carried interest for PE guys, transfer pricing, LPs, Swiss bank accounts (up until a few years ago), Cayman island crap like the thread I started.

Tax shelters are just as much a problem now as then. The problem is that the gop has consistently defanged enforcement agencies so the IRS goes after small fries instead of large tax cheats.
This is simply wrong. To the extent that we have economically detrimental loopholes now, we should get rid of them in exchange for lower rates just like we did when we had even more of them prior to the 1986 reform.

By the way, the problem is that democrats keep trying to crank up the top marginal rates making it far more worthwhile for wealthy taxpayers to lobby both parties for tax breaks (including campaign contributions to both parties for their "consideration").
__________________


"I'll see you guys in New York." ISIS Caliph Abu Bakr al-Baghdadi to US military personnel upon his release from US custody at Camp Bucca in Iraq during Obama's first year in office.
Posts: 75,743
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote