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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75776  
Subject: Re: VAT- Value Added Tax Date: 11/30/2010 5:00 PM
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being changed each time a new congress gets elected.

This is a fundamental problem with our system of goverment and especially the way we finance election campaigns.

Congress finds it useful to find certain issues with an interested constituency and then essentially extract political contributions from them to keep favorable tax laws in force.

Congress does not want to keep the laws in place too long, and in fact is eager to find an excuse to enact yet another tax law (with still more complexity).

This is the real way campaigns are financed. And it gives Congress reason to go again and again to issues with money behind them and ignore the business of the people, which may be more controversial (and thus risky) compared to the sure winner, sure payout like tax legislation.

This is a cancer that eats at the core of our system of government.
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