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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (36497)5/4/2014 10:20:44 PM
From: i-node  Read Replies (1) | Respond to of 42652
 
Most of tax law is not about lobbyists. The vast majority of it is long-established and was done like was because it makes sense given the broad guidelines Congress establishes. Reference the conversation the other day on deducting business expenses. You can't tax corporate income without allowing a reasonable deduction for business expenses.

I haven't stayed up on tax law since the 90s, but I don't know of any provisions that were just stuck in the law at the request of lobbyists. The vast majority of it has been around for decades. Most of our current Internal Revenue Code has been in place since the IRC of 1954, and most of that from earlier revisions. Because it mostly makes sense.