Instead of rewarding hard work and entrepreneurship, the tax code rewards lobbying and "rent-seeking ." This has led to a majority of citizens favoring major changes to tax lawsThe tax code is built upon bad fiscal policy, which is, needless to say, bad for the nation. This effectively means high tax states are taking a larger cut from the federal government than low-tax states. The tax code is a treasure trove of subsidies, handouts and breaks for those well-connected enough to get them. Bitter partisanship should not preclude Washington from doing the right thing and fixing the unfairness that permeates the tax code.

Source: CNN November 24, 2017 14:03 UTC