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Tax Insight: For Tax Year 2013 and Beyond, Second Edition by M. Casey Murdock

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The Tax Code Is Rigged

It Enforces, Enhances, and Enshrines the Wealth Gap–but It Can Be Beat

For centuries, economists and social scientists have recognized that people’s actions, no matter how well thought through, have unintended and un-anticipated consequences. At times the unintended consequence is minimal, such as the temperature in a freezer getting temporarily warmer when you place a new item inside of it. At other times the unintended consequence is so significant that instead of bringing a solution to a problem, it actually makes it worse.

   Example   Mack and Jessica were at a dinner party with several other couples. During the meal, ...

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