Tuesday, June 21, 2005
Lobbying, the Great American Growth Industry
The Washington Post reports that the number of registered lobbiests has more than doubled since 2000.
Little wonder. In the 1990s, there were three major tax bills. Since 2000, we've switched to a major tax bill every year. Ten thousand pages have been added to the tax code - the fastest rate of increase in history.
With the annual changes, tax compliance costs are high simply to keep up with the changes. We could cut compliance costs simply by keeping the tax code the same for two years in a row. And that doesn't even include the savings in lobbying costs or eliminating the drag of inflewence peddling on the economy/
Little wonder. In the 1990s, there were three major tax bills. Since 2000, we've switched to a major tax bill every year. Ten thousand pages have been added to the tax code - the fastest rate of increase in history.
With the annual changes, tax compliance costs are high simply to keep up with the changes. We could cut compliance costs simply by keeping the tax code the same for two years in a row. And that doesn't even include the savings in lobbying costs or eliminating the drag of inflewence peddling on the economy/
Thursday, June 09, 2005
Coingate.
GOP governor of Ohio hides hedge fund losses in workers compensation fund from public during election campaign.
