re: #411 Rightwingconspirator

Define “loophole” Or are we to have no more tax break incentives to push money where we want it to go? A tax break related to hiring new people or equipment for expansion might not be a loophole.

First of all though its not really a “loop hole” lets get rid of subsidies to companies that are turning large profits (Oil industry looking at you)

Then lets investigate how GM can make several billion in profit and pay no taxes, something tells me we’re going to find some tax loop holes in the process.

So you’re right what might be one man’s tax loop hole is another man’s valid economic incentive, in which case we might want to cap the maximum amount of tax credits a company can get in a year relative to their total profit…