The Mother of All Tax Loopholes

November 8th, 2007

My Sister wrote me today; actually, she just sent a link to the latest moveon.org petition. This one, which I do support, is to help prevent “the mother of all tax loopholes.” Basically, if you are in the highest income percentage, you pay virtually nothing in taxes. I signed the petition for congress to close this. Unfortunately, I do not think this one, above all other votes in vain, with have much sway on congress. The reasoning behind this emotion is that the masses, unbelievably, think they will each one day be in that bracket. Read the rest of this entry »