Hey Congress, Want $400 Billion in New Annual Revenue?

[Donnachaidh]

http://www.otherwords.org/articles/hey_congress_want_400_billion_in_new_annual_revenue

Have you heard? America is broke, according to many governors and lawmakers.

They're calling for deep cuts in teacher pay, firing cops, slashing medical services for working-class kids, and scrapping other essential services to narrow state and federal budget deficits.

There's a better and fairer way to tackle this situation. Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.

:snip:

Congress has blown holes in our tax code, losing hundreds of billions in revenue. Worse, lawmakers have averted their eyes as corporate lobbyists drill new tax loopholes and extract new corporate welfare subsidies.

More at the link --

[DCKit]

1. "...lawmakers have averted their eyes..."

When the lobbyists they've hired onto their respective staffs are writing the laws and tax code, it's hard to believe that Congress isn't complicit.

Tax avoidance is built into the system, but only for those who can afford it. The rest of us are considered "tax cheats".