Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.
"A strong conviction that something must be done is the parent of many bad measures." -- Daniel Webster
Friday, September 19, 2014 :::
It's my understanding that one of the reasons the Bush administration wanted to eliminate the inheritance tax was because there are so many other strange rules and taxes (gift taxes, "generation-skipping" taxes) that really only exist to catch people who are trying to get around the inheritance tax. Similarly, it's worth noting that a certain amount of labor regulation moonbattery seems to exist in support of minimum wage laws; if you could garner a consensus to replace the minimum wage with an enhanced EITC, you might be able to get some follow-on regulatory benefits as well.