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View Diary: Apple launches iRomney (62 comments)

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  •  Go for it, brother! It's not "competence" in ... (0+ / 0-)

    ... the tax code or lack thereof, it's intentionality.

    True, the supporters and those who voted for this-and-that provision might not have realized or been told what all it might be used for, but there is intentionality there.

    There aren't "gaps" in the code. Basically, income is taxed, unless it isn't.
    If you're a taxpayer who needs something - some special provision to cover your special case - you get a lobbyist.

    My favorite is the provision - many, many years ago, and probably no longer part of the tax law - so incredibly arcane that for quite a while, no one was able to figure out who benefited from it. Turns out the sole beneficiary was a radio station. The first letters of each applicable paragraph of the tax code spelled out the call letters of the station. Now that is an elegant tax provision!

    2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

    by TRPChicago on Sat May 25, 2013 at 04:43:44 PM PDT

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