“There’s this notion that the wealthy use their money to buy
politicians; more accurately, it’s that they can buy policy, and
specifically, tax policy. That’s why these
egregious loopholes exist, and why it’s so hard to close them.” ” Jared Bernstein, a senior fellow at the
left-leaning Center on Budget and Policy Priorities who served as chief
economic adviser to Vice President Joseph R. Biden Jr.
For The Wealthiest, A Private Tax System That Saves Them Billions
Thursday, December 31, 2015
Labels:
accountability,
elections,
influence,
money,
social and political commentary,
tax avoidance,
tax breaks,
tax credits,
tax cuts,
tax dodging,
tax inequality,
tax rates,
taxes,
wealth,
wealth distribution
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