The government is encouraging the private sector to adopt the code as well.
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Entrepreneurial Revenue Bonds would appeal to both agendas, using the tax code to encourage private innovation and to create middle-class jobs.
The right not only detests the result but fears an unprecedented new Federal power to regulate private conduct through the tax code.
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That analysis is enough for some folks who interpret that piece of the Tax Code to include private schools and thus, qualify for the deduction.
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Sageworks data has also shown that private residential construction companies (NAICS code 2361) tallied a 5.3 percent increase in sales in 2011.
Sageworks reviewed private companies falling under the NAICS code 5415 and found that providers of IT expertise have experienced nearly 20 percent sales growth in the last 12 months.
There is another way in which the tax code is responsible for allowing private-equity types to walk off with vast bounties.
It was only in the 1970s, as computing spread, that firms such as Microsoft started to withhold the source code, making software truly private.
The code pertains to both public and private geothermal assets.
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Though there is private consensus that the dispute will not end with the revised code, Stuart Eizenstat, the deputy treasury secretary, continues to push for its passage.
You can even log on, plug in your zip code, and compare prices for different insurance -- private insurance plans.
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But with the addition of a clever piece of code called Zerocoin, it could still fulfill that dream of truly private payments.
But though the private-equity people may have walked off with the loot, America's tax code was partly to blame, because it encourages this behaviour.
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