Lawrence Lessig presidential campaign, 2016/Taxes
Lawrence Lessig |
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2028 • 2024 • 2020 • 2016 |
This page was current as of the 2016 election.
- In a July 16, 2015, op-ed for The Daily Beast, Lawrence Lessig argued the American tax system was complicated because "it helps Congress finance its campaigns." Lessig wrote, "Think about the R&D tax credit, which has been a 'temporary' provision in the tax code since 1981. Each time the credit is about to expire, Congress rallies support to renew the tax break from those who benefit from it. 'Support' means campaign contributions. As the libertarian Institute for Policy Innovation puts it, “this cycle has repeated itself for years ... Congress essentially uses this cycle to raise money for re-election, promising the industry more predictability the next time around.”[2]
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