Jonathan Chait: “The tax break for private planes is the sort of provision that is usually held up as a case for what tax reform is needed to eliminate. In this case, it is being created by tax reform. That is one clue that the ‘tax reform’ plan being drawn up in Congress is nothing of the sort.”
“The goal of a tax-reform plan, as the term has been historically understood, has been to minimize political interference in the tax code. The tax code might charge a rich person a higher rate than a poor person, but it doesn’t want to charge a butcher who earns $50,000 more than a baker who earns $50,000 just because the baker did a better job lobbying Congress.”
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