Posted by
Poor Richard Reborn on Monday, December 31, 2007 4:11:06 PM
Why Is It Important?
Since there are no special tax considerations given to individual companies or to specific industries, businesses no longer have a reason to send lobbyists to Washington DC to promote some tax scheme that benefits just one company or just one industry. (Knowing the character of our Congress in recent years and the greed of the tax lobbyists, it won’t be long until they find new ways of manipulating the system to their own advantage. As Goldie Hawn’s character in the movie Protocol said, you’ll need to watch them “…like a hawk…”)