SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (210362)12/4/2012 11:52:43 AM
From: Sun Tzu  Read Replies (1) | Respond to of 543573
 
>> what difference should it make if we raise taxes on the wealthy by eliminating loop holes targeting that income group

As a wise man once said, "in theory, there is no difference between theory and practice. But in practice, there is".

Why do you think the party of the rich is so prefers to have its entitlement programs in the form of loop holes rather than tax rates or explicit subsidies? [Hint - when was the last time you heard a heated debate about loop holes for some specific industry?]