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Certainly. What needs to change wholesale is the attitude. If we enforced the existing laws assiduously, we'd be halfway to solving the problem. I am fatalistic
by roywiggins 8y ago
Certainly. What needs to change wholesale is the attitude. If we enforced the existing laws assiduously, we'd be halfway to solving the problem. I am fatalistic towards attempts to fix this with laws and taxes because we can't even keep the IRS sufficiently funded to enforce the tax law as it stands. Without a complete turn-around in the incentives in Congress, there's really very little actual laws seem to do.
It's not that laws are sometimes not enforced, it's that there's an entire echelon of lawbreaking in which the law is hardly ever enforced. Nobody worries about going to jail for engineering complex tax schemes designed to shield themselves from billions in tax obligations.
https://www.propublica.org/article/ultrawealthy-taxes-irs-internal-revenue-service-global-high-wealth-audits https://www.propublica.org/article/ultrawealthy-taxes-irs-in...