tax breaka and the Wall Street Journal

michael at ecst.csuchico.edu michael at ecst.csuchico.edu
Fri Oct 2 19:18:56 PDT 1998


Actually, my brother who was the head of a national jewelry group piad Danny $5000 to get action on part of the repeal of the luxury tax. I was surprised how cheap his vote was.
>
>
>
> michael perelman wrote:
>
> > A reporter for the Wall Street Journal has posted requests for crazy taxes that
> > have been levied over the last 1000 years. I responded that there has also been
> > considerable craziness in tax breaks.
> >
> > I wonder if you might have some suggestions to pass on to the paper.
> >
> > --
> > Michael Perelman
> > Economics Department
> > California State University
> > Chico, CA 95929
> >
> > Tel. 530-898-5321
> > E-Mail michael at ecst.csuchico.edu
>
> ==================
> I agree that the focus should also be on tax breaks. The book "America:
> What Went Wrong" by Barlett and Steele is very interesting on this point
> and these two Phili Inquirer journalists should be contacted for one hell of
> a story. I heard them speak and was able to talk with them later, wherein
> I discovered that these guys really were "tax code technicians" and found
> something like 750 special "dispensations" buried in the code. Often these
> clauses are meant for one particular person or family or company(remember
> C. Clifford/DuPonts, etc!!!***??##*). Actually, I'll bet someone like
> Dan Rostentowski (Ex-Ways&Means Committee) probably even beat
> Clark Clifford on the total special give-aways.....
>
>
>

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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