Economic Opportunity

ICYMI: To Reform the Federal Tax Code, Congress Should Start by Doing Nothing

December 2, 2016

At the end of 2016, Dana Wade writes, some loopholes in the tax code will expire, along with the unfair benefits that flow towards special interests. In her op-ed for The Dallas Morning News, Wade explains why Congress should allow these loopholes, called “tax extenders,” to expire:

Many tax extenders, so named because they represent temporary exceptions to the regular tax code, are truly unfair. These special carve-outs include tax breaks for film and television, motor speedway tracks, rum production and racehorse owners. The extenders benefit a few wealthy and well-connected people at everyone else’s expense.

Read the full op-ed in The Dallas Morning News