I’ve reached the point of my AI usage where I now believe ThomsonReuters and Wolters Kluwer are about to be totally wiped out and it would appear I’m late to that realization looking at their stock prices over the last year (down almost 60% each).
This article hits the nail on the head. Groups like ATR seem to love blabbing about how they want to be able to drown government in a bathtub while lobbying to drown Americans in tax complexity instead.
Good piece from @adamnmichel "Complexity breeds unfairness, and unfairness fuels lobbying for new carve-outs. Temporary breaks get extended, excluded groups demand special treatment, and industries fight to keep existing favors. This is how tax systems decay" cato.org/commentary/focus-ri…