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The loop holes exist today too. But sure, let's ignore that.
What do you have in mind to eliminate the disparity in wealth that plagues us, reducing the American standard of living to subsistence and poverty? I'm sure ya have one, right?
The loopholes of that tax code certainly do not exist today.
You're right, we have new ones. There's a reason why the billionaire class pays a less than 10% effective income tax, and that's just on the income that's realized.
Still, no answer to the question of whether you see any solution other than doing nothing and accepting our doom?
Edit: Figured as much, anti human chumps like this guy are programmed to know why they can't try to do anything, but never had a thought in their head as to what would help that their masters would be ok with.