ICYMI: The Path to Tax Reform Involves Congress Doing Nothing

Dana Wade writes about how tax expenditures, loopholes for industries including film, television, race horses, and more, could expire, creating a more fair tax code. As Wade, senior research fellow for the Charles Koch Institute explains in RealClearMarkets: 

Last year, Congress brushed several tax handouts aside by extending them for only one year, while other tax measures received permanent or longer-term authorizations. If Congress does nothing this December, then these temporary provisions will simply expire. We can all say good riddance to a set of tax carve-outs that benefit a small yet powerful set of lobbyists and special interest groups whose job it is to rig the system to help a select few at everyone else’s expense.

Read the rest at RealClearMarkets

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