Tax loopholes aren’t the problem, they are a symptom of a problem–Congress is the problem.
Tax loopholes don’t grow on trees, they are enacted by Congress. Some may serve a worthwhile purpose, others only serve to reward special interests.
It is our corrupt system rather than individual members of Congress which is at fault. As Tom Reed has noted, members of the House can only vote yes or no on bills and amendments that House leaders allow on the floor. If an important bill is considered, there may be no way to dump undesirable provisions other than to reject the entire bill.
Individual members didn’t create the system that leaves them dependent on legal bribery for funding, but they have to live with it. The Constitution makes each House responsible for it’s own rules, which makes needed reform difficult if not impossible. While we understandably applaud the First Amendment, when interpreted to allow unlimited spending by special interests, it stands in the way of honest government.
Reportedly business interests plan to spend immense sums lobbying Congress on tax reform. Can there be any doubt whose interests proposed reform will serve? Proponents of reform may talk of eliminating special interest loopholes, but this is empty talk–money talks. Even if loopholes were eliminated, unless Congress itself is reformed, they are certain to creep back in.
Former congressman Michael Grimm, out of prison after a tax fraud conviction, plans to run for Congress again. Will he win the GOP nomination? If elected, he will fit right in.