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> ...allows entities with deep pockets to find loopholes that don't exist for normal citizens. The biggest "loophole" is employer payed benefits are untaxed wh
by humanrebar 9y ago
> ...allows entities with deep pockets to find loopholes that don't exist for normal citizens.
The biggest "loophole" is employer payed benefits are untaxed while the same benefits payed out of pocket by the employee are taxed. The political prospects for changing the law here seem bleak.
You can see this played out in the current tax reform debate. Most of the added/eliminated taxes fall in the "eliminating loopholes" category. Here on HN, the proposals have been criticized on the whole.