#5 in Accounting books
Use arrows to jump to the previous/next product
Reddit mentions of Showdown at Gucci Gulch: Lawmakers, Lobbyists, and the Unlikely Triumph of Tax Reform
Sentiment score: 2
Reddit mentions: 5
We found 5 Reddit mentions of Showdown at Gucci Gulch: Lawmakers, Lobbyists, and the Unlikely Triumph of Tax Reform. Here are the top ones.
or
- 【High Level Secure Rifle Safe/ DOJ Approved】BARSKA DOJ Approved Biometric rifle safes are the ultimate in quick access security solutions for rifle, ammo, handguns, and firearms
- 【Biometric Scanner/ Optional Silent Mode】Our high-quality biometric scanner allows access to your valuables in just 2.5 seconds with the simple scan of a fingerprint. It also has an additional silent mode for discrete access
- 【Solid Steel Construction/ Durable】Solidly built with 100% steel walls and tamper-resistant inner edges, 3 built-in steel bolts ensuring your firearms put away from your kids or intruders
- 【Rifle Storage】The biometric fingerprint safe fits practically anywhere for unrivaled convenience and stores handguns and up to 4 rifles without any accessory attachments and comes with a removable shelf
- 【Mounting】The safe comes with pre-drilled holes and concrete mounting hardware, allowing the safe to be easily mounted. Fireproof- No (Please Take Appropriate Caution During Emergencies)
Features:
Specs:
| Color | White |
| Height | 9.19 Inches |
| Length | 6.08 Inches |
| Number of items | 1 |
| Release date | April 1988 |
| Weight | 0.85 Pounds |
| Width | 0.86 Inches |
> Why is this deduction valid in the first place?
Because, tradition. And I mean that literally. the original income tax code made all interest spending deductible on the assumption that it was business spending, because there was very little personal credit in 1913. that broad exemption continued to exist until 1986, when the deduction was narrowed to mortgages as part of the immense balancing act that was the 1986 reform bill. Had they eliminated it, it would have been an immense tax hike on everyone who owned a home, and the bill had to meet all sorts of political hurdles to get passed.
86 was tax reform, not tax cuts. It was a response to the crazy tax loopholes that existed at the time allowing for the rich to avoid paying taxes through really crazy investment vehicles. There was a huge public outcry about the unfairness in the code, not just the rate. That's why it was revenue neutral, they actually closed loopholes instead of making new ones.
For a really gripping account of the passage of that bill, have a look at the showdown at guchi gulch.
https://www.amazon.com/Showdown-Gucci-Gulch-Lawmakers-Lobbyists/dp/0394758110
If you like that kind of thing, there is a book that details how the 1986 tax reform was passed, and how it mutated over time. It's fascinating how many people had their hands on it.
It's called Showdown at Gucci Gulch.
Showdown at Gucci Gulch https://www.amazon.com/dp/0394758110/ref=cm_sw_r_cp_awd_4pZxwb0ZEWDRX
Some books I've enjoyed:
These aren't technical tax books, but if you're not planning on going into tax they're a lot more useful and interesting than reading something like The Logic of Subchapter K or something.
http://www.amazon.com/Good-Evil-Impact-Course-Civilization/dp/1568332351
http://www.amazon.com/Showdown-Gucci-Gulch-Alan-Murray/dp/0394758110/ref=sr_1_1?s=books&ie=UTF8&qid=1464585769&sr=1-1&keywords=gucci+gulch