So if a pirate breaks the code on Spider-Man 2, he wouldn't necessarily be able to break the code on Elf.
Why was it good policy back in December to eliminate special interest tax breaks for the wealthiest individuals and large corporations, tax breaks, advantages in the tax code that regular folks don't get and small businesses don't get -- why was it good policy then in the name of deficit reduction but not now?
Instead, they should not only make Health Savings Accounts available to uninsured individuals but also amend the tax code to give individuals the same breaks that corporations have enjoyed since World War II.
And it means taking on the tax code, and cutting out certain tax breaks and deductions for the wealthiest Americans.
We need to take on spending in domestic programs, in defense programs, in entitlement programs, and we need to take on spending in the tax code -- spending on certain tax breaks and deductions for the wealthiest of Americans.
But the tax code is such a morass of loopholes, breaks for the politically favoured and economic engineering on the part of bureaucrats, that comprehensive tax reform could allow for lower rates and yet increase tax receipts at the same time.
Their pitch is that you can use the tax code's breaks for charity both to do good for others and to do well for yourself.
President George W. Bush's Advisory Panel on Federal Tax Reform met publicly Tuesday to work on a report, now scheduled for a Nov. 1 release, that is sure to call for simplification of the U.S. tax code and the reduction or elimination of some tax breaks.
And really, one of the issues that seems to be still a matter of debate is what do you do with the revenue gained from improving our tax code -- closing unnecessary loopholes, eliminating special breaks for the well-connected and well-off.
The truth is, the IRS needs customer lists because these convoluted transactions, which twist arcane sections of the tax code into big tax breaks Congress never intended, typically use layers of partnerships and trusts to disguise their purpose.
At the heart of these funds' appeal is one of the tax code's best breaks, for people who want to donate: Givers get a full deduction for contributions of assets held for more than a year that have increased in value, while skipping capital-gains tax.
On top of that, the Simpson Bowles plan calls for the tax code to be overhauled, with tax rates reduced and almost all tax breaks (including the special low rate for capital gains and dividends) eliminated or curbed.
We will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas.
We will root out the waste, fraud and abuse in our Medicare program that doesn't make our seniors any healthier, and we will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas.
They also make the code highly inequitable as some companies get breaks while others don't with little rhyme or reason other than how effective their lobbyists are.
Every year, Congress renews a series of tax breaks for individuals and specific industries, making temporary features of the tax code into a seemingly permanent fixture.
Even without a tax-code overhaul, Congress could eliminate some tax breaks to reduce the deficit.
Browser-based cryptography also means that anyone who breaks the SSL encryption that protects the data sent by the server could tamper with the code just as easily.
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Just as vexing, if Congress cuts that bundle of tax breaks across the board while trimming rates by 20 percent and eliminating the AMT, the Tax Code becomes much less progressive.
FORBES: Do The Math: Why Trimming Tax Breaks Won't Allow U.S. To Easily Cut Rates
The task force's job description is to propose ways to simplify the tax code, reduce tax evasion, close loopholes and make changes in corporate tax breaks.
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