The Politics of Loopholes

The Politics of Loopholes PDF Author: John F. Witte
Publisher: Bloomsbury Publishing USA
ISBN: 1440843422
Category : Business & Economics
Languages : en
Pages : 211

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Book Description
What are the implications and likelihood of reform of the income tax system in the United States—specifically, the expansion and scope of the tax "expenditure" (loophole) system embedded in the income tax codes? This book details the tax system that now provides for more than 200 tax expenditures, highlighting the potential lost tax dollars. Income tax policy and politics is an inherently complex and potentially confusing topic. This book makes the tax loophole system understandable for those without in-depth knowledge about taxes. It explains what our tax system looks like, why it is set up as it is, and what effects it has on raising revenue (and thus deficits) and the furtherance of other policy goals. Additionally, it explains why, despite popular and political desires, a significant overhaul of the tax system is very unlikely to be enacted: because tax expenditures (otherwise known as loopholes) benefit all Americans in some way and are supported as policy by both political parties. Written by John F. Witte, an established expert in tax policy and policy analysis, the book provides a balanced viewpoint that discusses the implications of reform of the income tax system in the United States, demonstrates the range of individuals who are affected by various provisions, and identifies what effects loopholes have on policy goals. Readers will see how both political parties are responsible for the creation and expansion of various loopholes, understand why many of these provisions make sound policy sense, and grasp how the tax code is affected by political desires and policy goals.

The Politics of Loopholes

The Politics of Loopholes PDF Author: John F. Witte
Publisher: Bloomsbury Publishing USA
ISBN: 1440843422
Category : Business & Economics
Languages : en
Pages : 211

Get Book Here

Book Description
What are the implications and likelihood of reform of the income tax system in the United States—specifically, the expansion and scope of the tax "expenditure" (loophole) system embedded in the income tax codes? This book details the tax system that now provides for more than 200 tax expenditures, highlighting the potential lost tax dollars. Income tax policy and politics is an inherently complex and potentially confusing topic. This book makes the tax loophole system understandable for those without in-depth knowledge about taxes. It explains what our tax system looks like, why it is set up as it is, and what effects it has on raising revenue (and thus deficits) and the furtherance of other policy goals. Additionally, it explains why, despite popular and political desires, a significant overhaul of the tax system is very unlikely to be enacted: because tax expenditures (otherwise known as loopholes) benefit all Americans in some way and are supported as policy by both political parties. Written by John F. Witte, an established expert in tax policy and policy analysis, the book provides a balanced viewpoint that discusses the implications of reform of the income tax system in the United States, demonstrates the range of individuals who are affected by various provisions, and identifies what effects loopholes have on policy goals. Readers will see how both political parties are responsible for the creation and expansion of various loopholes, understand why many of these provisions make sound policy sense, and grasp how the tax code is affected by political desires and policy goals.

A Naked Singularity

A Naked Singularity PDF Author: Sergio de la Pava
Publisher: University of Chicago Press
ISBN: 0226141802
Category : Fiction
Languages : en
Pages : 690

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Book Description
“Propulsive . . . The novel’s chaotic sprawl, black humor and madcap digressions make it a thrilling rejoinder to the tidy story arcs [of] most crime fiction.” —The Wall Street Journal Winner of the PEN/Robert W. Bingham Prize for Best Debut Novel Named a Best Book of the Year in the Wall Street Journal, Houston Chronicle, and Philadelphia City Paper A Naked Singularity tells the story of Casi, born to Colombian immigrants, who lives in Brooklyn and works in Manhattan as a public defender—one who, tellingly, has never lost a trial. Never. In the book, we watch what happens when his sense of justice and even his sense of self begin to crack—and how his world then slowly devolves. A huge, ambitious novel in the vein of DeLillo, Foster Wallace, Pynchon, and even Melville, it’s told in a distinct, frequently hilarious voice, with a striking human empathy at its center. Its panoramic reach takes readers through crime and courts, immigrant families and urban blight, media savagery and media satire, scatology and boxing, and even a breathless heist worthy of any crime novel. If Infinite Jest stuck a pin in the map of mid-90s culture and drew our trajectory from there, A Naked Singularity does the same for the feeling of surfeit, brokenness, and exhaustion that permeates our civic and cultural life today. In the opening sentence of William Gaddis’s A Frolic of His Own, a character sneers, “Justice? You get justice in the next world. In this world, you get the law.” A Naked Singularity reveals the extent of that gap, and lands firmly on the side of those who are forever getting the law. “A great American novel.” —Toronto Star

Limits and Loopholes

Limits and Loopholes PDF Author: Victoria A. Farrar-Myers
Publisher: CQ Press
ISBN: 1483371204
Category : Political Science
Languages : en
Pages : 211

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Book Description
From the authors of Legislative Labyrinth: Congress and Campaign Finance Reform. Elections, the basic mechanism of representative democracy, should be untainted by corruption and provide a platform for free speech. But running for office takes money—a lot of it, usually—which means campaign finance has become a pitched battle over the fundamental political values of free speech versus fair elections. With insiders′ perspectives, Farrar-Myers and Dwyre tell the story of what it took to pass campaign finance legislation, provide analysis of the subsequent court action, and explore the regulatory and electoral outcomes of reform efforts. Limits and Loopholes is a story about incremental policymaking and inter-branch struggle, about institutional design and unintended consequences, about the influence of interest groups and the media, and about the health of our representative democracy. Bringing together discussions of core values and the policymaking process, this book serves as an excellent case study that traces an issue from inception, through legislation and litigation, and finally to implementation.

Toxic Loopholes

Toxic Loopholes PDF Author: Craig Collins
Publisher: Cambridge University Press
ISBN: 9780521760850
Category : Law
Languages : en
Pages : 288

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Book Description
The EPA was established to enforce the environmental laws Congress enacted during the 1970s. Yet today lethal toxins still permeate our environment, causing widespread illness and even death. Toxic Loopholes investigates these laws, and the agency charged with their enforcement, to explain why they have failed to arrest the nation's rising environmental crime wave and clean up the country's land, air, and water. This book illustrates how weak laws, legal loopholes, and regulatory negligence harm everyday people struggling to clean up their communities. It demonstrates that our current system of environmental protection pacifies the public with a false sense of security, dampens environmental activism, and erects legal barricades and bureaucratic barriers to shield powerful polluters from the wrath of their victims. After examining the corrosive economic and political forces undermining environmental law making and enforcement, the final chapters assess the potential for real improvement and the possibility of building cooperative international agreements to confront the rising tide of ecological perils threatening the entire planet.

Rules and Restraint

Rules and Restraint PDF Author: David M. Primo
Publisher: University of Chicago Press
ISBN: 0226682595
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
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Tax the Rich!

Tax the Rich! PDF Author: Morris Pearl
Publisher: The New Press
ISBN: 1620976641
Category : Political Science
Languages : en
Pages : 273

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Book Description
A powerfully persuasive and thoroughly entertaining guide to the most effective way to un-rig the economy and fix inequality, from America's wealthiest “class traitors” The vast majority of Americans—71 percent—believe the economy is rigged in favor of the rich. Guess what? They’re right. How do you rig an economy? You start with the tax code. In Tax the Rich! former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers on an engaging and enlightening insider’s tour of the nation’s tax code, explaining exactly how “the rich”—and the politicians they control—manipulate the U.S. tax code to ensure the rich get richer, and everyone else is left holding the bag. Blunt and irreverent, Tax the Rich! unapologetically dismantles the “intellectual” justifications for a tax code that virtually guarantees destabilizing levels of inequality and consequent social unrest. Infographics, charts, cartoons, and lively characters including “the Werkhardts” and “the Slumps” make a complicated subject accessible (and, yes, sometimes even funny) and illuminate the practical reforms that can put America on the road to stability and shared prosperity before it’s too late. Never have the arguments in this book been more timely—or more important.

The Politics Industry

The Politics Industry PDF Author: Katherine M. Gehl
Publisher: Harvard Business Press
ISBN: 1633699242
Category : Political Science
Languages : en
Pages : 331

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Book Description
Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.

Demosclerosis

Demosclerosis PDF Author: Jonathan Rauch
Publisher: Three Rivers Press
ISBN:
Category : Political Science
Languages : en
Pages : 300

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Book Description
It is no secret that Americans are dissatisfied with government. But while the frustration and anger are real, the way we tend to view the problem is all wrong. Rauch reveals the real problems with government, and offers a bracing tonic for unclogging the public arteries. From the Trade Paperback edition.

Relic

Relic PDF Author: William G. Howell
Publisher:
ISBN: 0465042694
Category : Political Science
Languages : en
Pages : 258

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Book Description
"Our government is failing us. Can we simply blame polarization, the deregulation of campaign finance, or some other nefarious force? What if the roots go much deeper, to our nation's start? In Relic, the political scientists William Howell and Terry Moe boldly argue that nothing less than the U.S. Constitution is the cause of government dysfunction. The framers came from a simple, small, agrarian society, and set forth a government comprised of separate powers, one of which, Congress, was expected to respond to the parochial concerns of citizens across the land. By design, the national government they created was incapable of taking broad and meaningful action. But a hundred years after the nation's founding, the United States was transformed into a complex, large, and industrial society. The key, they argue, is to expand the powers of the president. Presidents take a longer view of things out of concern for their legacies, and are able to act without hesitation. To back up this controversial remedy, Howell and Moe offer an incisive understanding of the Progressive Movement of the late 19th and early 20th centuries, one of the most powerful movements in American history. The Progressives shone a bright light on the mismatch between our constitutional government and the demands of modernity, and they succeeded in changing our government, sidelining Congress and installing a presidentially-led system that was more able to tackle the nation's vast social problems. Howell and Moe argue that we need a second Progressive Movement dedicated to effective government, above all to reforms that promote strong presidential leadership. For it is through the presidency that the American government can address the problems that threaten the very stability of our society"--

Winner-Take-All Politics

Winner-Take-All Politics PDF Author: Jacob S. Hacker
Publisher: Simon and Schuster
ISBN: 1416588701
Category : History
Languages : en
Pages : 368

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Book Description
In this groundbreaking book on one of the world's greatest economic crises, Hacker and Pierson explain why the richest of the rich are getting richer while the rest of the world isn't.