tag:blogger.com,1999:blog-1110014885778996459.post4586441482358960945..comments2024-03-28T04:16:11.729-07:00Comments on Idiosyncratic Whisk: Great news for liquidationists!Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1110014885778996459.post-56273348639034833202017-11-14T18:10:22.789-07:002017-11-14T18:10:22.789-07:00Ha! Probably.Ha! Probably.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-1839793641159551762017-11-14T17:47:25.545-07:002017-11-14T17:47:25.545-07:00The US tax code…is it even comprehensible?
Kevin ...The US tax code…is it even comprehensible?<br /><br />Kevin Erdmann says a corporate income tax cut is progressive due to effects it would have on high-end housing markets. With 75,000 pages of tax code, and any number of economic and businesses actions and reactions to changes in the tax code, maybe Erdmann is right. <br /><br />What is going on now is not "tax reform" but more tax fiddling. <br /><br />I would triple the standard deduction and call it a day. <br /><br />I could posit tripling the standard deduction will decrease the cost of labor and thus boost corporate profits, encouraging more capital formation. <br /><br />With the US tax code, all arguments are worthy. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com