Is there a way out of loopholes?

MTP2011011820110623 Federal Income Tax (Law)

NPR: Can Washington Break Its Tax-Break Habit?

Almost everything that gets described as a ‘loophole’ is actually a deduction or credit created for an originally honorable purpose. Can legislators really move away from the ‘special favors’ approach to taxes?

Around the Web, Tax Policy

Is income tax really the problem here?: The TaxProfBlog has a post from Prof. Jim Maule of Villanova Law School, who has observed that the date-bidding services on WhatsYourPrice.com, on which "generous" people bid for dates with...
Foul ball: A few interesting things about this story from the Houston Chronicle: first all tax lawyers tell corny jokes ("...you have to pay in dough," yuk, yuk, yuk); second, the reporter...
Gifts to the United States: Stephen King appeared at a rally recently and said that his tax rate as a "rich person" is 28%, but he thinks it should be higher. One enterprising author suggests...
Of all the fringe benefits to complain about...: When the government taxes income, there is always a little back-and-forth about what constitutes 'income.' Does my use of a University laptop in the evenings at home constitute a taxable...
Most don't cheat on taxes: The Today Show's Life Inc. blog reports that most Americans don't cheat on their taxes, and for most taxpayers, it is personal integrity rather than the threat of an audit...