beware anything called corporate tax 'reform'

http://www.nationofchange.org/beware-anything-called-corporate-tax-reform-1396187653

Corporate tax policy involves a lot of complicated accounting language, so people tend to tune out. But you should pay attention because there is big money involved – really, really big money that could be used for roads, courts, schools, health care and all the other things government does to make our economy and our lives better.

Tax policy is one of those subjects that most people ignore. Lots of the work is done behind the scenes. Lobbyists own the process, so any reform means those with the biggest lobbyist budget come out ahead. The huge tax breaks tend to sneak through while people are not paying attention, and then we find out that the money is gone. The lobbying world knows how to game this system and a round of tax-game playoffs is about to begin.

The Next Corporate Tax Fight Is Called “Tax Extenders”

The next big fight is about “tax extenders.” These are “temporary” tax breaks that expire, and if the corporations want to keep them (they do) Congress has to extend them for another year or two. So every year or two a whole package of these comes up for a vote, and Congress does its duty and extends these breaks.

All kinds of things get thrown in to get votes, so the only way to get, for example, a small tax credit for wind energy, you have to vote for an unbelievably whopping huge massive tax break for a giant multinational corporation – usually but not limited to GE. (Goldman Sachs and Citigroup, too.)