Sunday, April 12

The US form of government: lobbyocracy

Washington Post:

In a remarkable illustration of the power of lobbying in Washington, a study released last week found that a single tax break in 2004 earned companies $220 for every dollar they spent on the issue -- a 22,000 percent rate of return on their investment.

22,000% ROI! It's little wonder there's so much resistance to radically simplifying our ridiculous 3 million-page tax code.

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