Essentially we have both sides are right and this is what is wrong with the US tax code.
Besides the primary means for funding government obligations, the tax code has become a social engineering experiment by the legislative branch of the government. The code is unfair mainly to the middle class who are not rich enough to take advantage of the elitist loopholes added for the very wealthy by the very wealthy, and not poor enough to suckle the government teet.
If fairness were ever a concern for the tax code, a flat tax over a certain threshold of income with no loopholes would be the most simple way to archive fairness. But no one is interested in a fair tax code.
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