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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (130278)	1/3/2001 11:44:32 AM
From: TimF	Read Replies (1) \| Respond to of 1576230

The tax code has a high degree of hysteresis. Any changes made tend to be temporary, over time the tax code tends to drift right back to where it was before. A big reason is that taxes are used to reward friends (look at the special bills passed by Congress that exempt certain individuals from inheritance taxes, for example) and punish those who do things that are not approved of. I agree, but I don't think it is a reason to give up trying to reduce rates, while preferably also simplifying taxes/ tax law. I am ideologically/ philosophically opposed to having the government take money by force just to randomly redistribute it. (but then I'm opposed to a lot of government spending and that obviously has not stopped the government from spending) Tim