Longread #178 -- Tax Loopholes -- 10/22/12

With so much of the election focusing on tax policy, I found this article to be remarkably illuminating and frustrating. While theoretically these are the types of tax loopholes that both candidates could be exposing, the nature of political power -- such that challenging the benefits of the extremely rich is potentially career-destroying -- seems to ensure that these issues continue to get swept under the rug. Hopefully over time we can reform the tax code in a way that is truly progressive and eliminates these types of bogus kickbacks.

"The 10 Most Corrupt Tax Loopholes" by Chris Parker
Published in the Seattle Weekly, October 10, 2012
http://www.seattleweekly.com/content/printVersion/1818529/

Eric