"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Summers Says Closing Tax Loopholes Would Help Curb Inequality
Submitted by Emmett Harris on Tue, 2014-02-18 01:00
“Reforming the tax code to eliminate tax loopholes used by the wealthiest Americans would help narrow the income gap between the rich and the rest of the society, according to former U.S. Treasury Secretary Lawrence Summers.” Moving more wealth from the private sector to the brigands in Washington will make everyone poorer.
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