http://www.businessweek.com/articles/201...r-50-years
US senators are negotiating using a blank slate exercise for tax code reform. This means that a senator has to advocate for all tax positions, this also means that they have to be advised on which ones to keep because unless you are a good accountant US tax law is not easy to understand.
So, in order to keep these senators from getting destroyed in the news when they advocate for tax credits like oil and gas depletion they declared all of these proposals secret for 50 years.
Sounds like the kind of thing that will lead to a draft bill which will be signed into law in the evening of some holiday when no one is watching.
US senators are negotiating using a blank slate exercise for tax code reform. This means that a senator has to advocate for all tax positions, this also means that they have to be advised on which ones to keep because unless you are a good accountant US tax law is not easy to understand.
So, in order to keep these senators from getting destroyed in the news when they advocate for tax credits like oil and gas depletion they declared all of these proposals secret for 50 years.
Sounds like the kind of thing that will lead to a draft bill which will be signed into law in the evening of some holiday when no one is watching.
Why do the heathen rage and the people imagine a vain thing? Psalm 2:1 KJV