Re:Bernie Sanders’s Tax Plan Would Test an Economic Hypothesis
by harryh on Tuesday February 09, 2016 @11:20AM
(#11066311)
Corporations responded by not paying high salaries but instead giving people lavish expense accounts and company cars that were not taxed.
[ Parent
| on HN ]
Re:Bernie Sanders’s Tax Plan Would Test an Economic Hypothesis
by eplanit on Tuesday February 09, 2016 @11:28AM
(#11066401)
Yes. And, the tax code was filled with so-called loopholes. Anybody with a brain and a competent accountant were able to cleverly avoid a lot. Many of these were eliminated in the Reagan-era "tax reform" (and more since).