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If you really want to go with the whole tax deductions are an "expenditure" thing , you have to then also admit that nearly all the "expenditures" go to everyone but the Top 1%. There's even a huge drop off in the effective tax rate between the Top 1% and the Top 95-99%.
Cute chart.
I see you enjoy changing the subject when trounced.
I see you enjoy changing the subject when trounced.
I haven't been trounced.
A better question is... why do you deride the so-called "tax expenditures" when it's clear from IRS data that tax deductions and credits overwhelmingly benefit the poor and everyone but the Top 1%?
Are you in favor of a flat tax, like I and freemkt have advocated?
I would LOVE a flat tax. Others would finally start paying their fair share.
That you both dislike and STILL don't understand this is quite obvious.
Sorry basic tax code proves so difficult for you.
Tax code is not difficult. It's legal. I don't pay what I don't owe. My keeping some of the money I earned is NOT a government "expenditure." It's just not. Period.
The term "tax expenditure" is liberal/leftist b.s. -- right out of Orwell's "1984."
The government isn't spending anything when it fails -- for whatever reason -- to collect taxes.
For many years, Michigan had uniform local property taxes where all taxable real property within a municipality or a school district was taxed at the same rate.
Then voters in a 'retirement destination' community repeatedly refused to renew their school property tax millage, causing local schools to close months early when their money ran out.
The legislature responded to this crisis by creating a two-tiered or "split roll" school property tax where the school tax rate was slashed for homeowners and increased on "nonhomestead" property e.g. second homes, rental property, retail, commercial, and industrial.
The legislature considered a uniform 14 mills on all property and rejected it in favor of 6 mills for homeowners and 24 mills on other property.
So when landlords pay the 24 mills on their nonhomestead property, government effectively is spending 10 mills of landlords' tax dollars and redistributing it to homeowners: instead of paying a uniform 14 mills, landlords are paying an unfair 10 additional mills (24 - 14 = 10) while homeowners are the beneficiaries of this government redistribution by paying only 6 mills rather than a uniform 14 mills (14 - 6 = 8 mills redistributed by government from landlords to homeowners).
Remember, government took an existing uniform (flat) tax rate and created winners and losers. Government effectively is spending the tax dollars of the losers by redistributing it to the winners.
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when it's clear from IRS data that tax deductions and credits overwhelmingly benefit the poor and everyone but the Top 1%? 