What exactly is a "loophole" for the terms of this discussion?
The carried interest break, yeah, that's a loophole in common usage. And it's one that the GOP(generally) opposes closing, because jerb creators.
But lou is talking about the Dems wanting to keep giving "tax breaks to the base to buy votes", like EITC or whatever? That's not a loophole. And now ikes is acting faux aghast at something or other.
Guys, when Trolly said this,
Quote:
Like all Republicans, he wants businesses and 1%ers to pay less in taxes. "Simplifying the tax code" is transparently dishonest rhetoric they sell to the rubes who are too poor to benefit from their tax plans. Like, you're never ever, ever going to see a simplified tax plan where the rich wind up paying more. We're never going to see a proposal to simplify things by taxing investment income the same way we tax salaries.
y'all are aware, that unlike the Bernie discussion, he's not just guessing? Rubio and Cruz have released tax plans. The Lee tax plan is out there. He's not strawmanning or making something up, he's simply accurately describing the disconnect in "tax reform" rhetoric and the actual consequences of actual policies.