I find proposals like this often miss the political side of the equation ie wealthy donors and multinational corps simply allow the law to be passed, knowing, i

I find proposals like this often miss the political side of the equation ie wealthy donors and multinational corps simply allow the law to be passed, knowing, in fact, by spending down the line, they can get loopholes put into the law that will circumvent the system. Now, this, by in itself, is no reason not to support the idea (which I do, for the most part, esp. the lower taxes on wages), but I feel it should be addressed up front.