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(4,507 posts)
5. Naming loopholes means creating tax losers
Mon Sep 10, 2012, 09:37 AM
Sep 2012

this is the point I made to the Bloomberg reporter in explaining why no loopholes named and a vague promise to close some of them (but not others) deserves no credit in assessing the finances of their "plan."

When you close one loophole, but not another, you create tax losers (lost your loophole that fits your business) and tax winners (still have your loophole).

First off, they're full of shit, so that's why they have a non-plan "plan," but second off, they lack the courage to take a position that goes against any of their big dollar donors.

It's pathetic.

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