What would Herman Cain's '9-9-9' tax plan really do? - latimes.com: Kleinbard, who served as the chief of staff of Congress' Joint Committee on Taxation, said he understood the appeal of simplicity. But Congress has historically used the tax code to give subsidies to struggling industries, and to try to mete out fairness in the economy.
"We could make things simpler, except that when people look at what that means, they don't actually want it," he said. "They like the idea of simplicity; they don't like losing their tax subsidies."
No comments:
Post a Comment