The problem is that tax deductions/credits are a useful tool for guiding certain activity. We want people to put up solar panels, so we give a tax credit for that.
There’s a ton of twisty little ways the tax system makes everything fair-ish. Turns out, running a country of 330M people and an annual GDP of $25T is complicated. It’s not always a fair system, but it’s more fair than it looks at first glance.
The problem is that tax deductions/credits are a useful tool for guiding certain activity. We want people to put up solar panels, so we give a tax credit for that.
There’s a ton of twisty little ways the tax system makes everything fair-ish. Turns out, running a country of 330M people and an annual GDP of $25T is complicated. It’s not always a fair system, but it’s more fair than it looks at first glance.