It’s a day with a “Y” in it (check not your calendar – I’ve already checked mine). Which means in many places throughout $4-trillion-per-year Washington, D.C., there are recipients of massive cronyism – looking to keep their gravy trains a-rolling.
They’d ordinarily take for granted that the cronyism would continue – and be looking to accelerate their respective locomotives. But the election of President Donald Trump offers We the Victims the first glimmer of hope in decades that a diminishment of this business-as-usual – may finally be in the offing.
Most of the time, this rent-seeking is done in the privacy of Congressional offices and secluded corners of very expensive bars and restaurants. But sometimes, the behest-ing is brazen – and done in public.
Like, say, at Congressional hearings. As will happen today – when the House Ways and Means convenes to discuss direly needed tax reform.
Our tax code is a disaster. A nightmare mess of thicketed code complexity – and ridiculously high rates. And it is filled to the rafters with asinine anti-incentives to economic activity and productivity. More