Sarah Palin and Rep. Michelle Bachmann (R-Minnesota) support a 0% corporate tax rate and closing corporate loopholes in the Internal Revenue Code.*
Those cheering are more interested in the 0% corporate tax rate than closing corporate loopholes.
Truth be told, it should be called the Internal Welfare Code (IWC) as most of its provisions are loopholes for one group or another.
That makes tax reform hard because it is welfare reform. To have reform, someone has to give up their welfare benefits.
When welfare/tax provisions are written into the IWC/IRC, reports are prepared on the cost in revenue for those provisions. It often is easy to see who benefits from them.
Now there is a topic map project. Mapping the provisions of the IWC/IRC to the reports on “cost in revenue” for those provisions and identifying those who benefit from them. From that mapping you could produce a color-coded IWC/IRC that has the loopholes/provisions for each group identified by color. Or even re-organize the IWC/IRC by color so the loopholes for each group can be roughly compared.
That would be government transparency with bite!
PS: If you know of any government transparency project that would be interested, please pass this along. Or any candidate for that matter.
*The logic closing corporate loopholes to a 0% tax escapes me. But, I am not running for President of the United States.