Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Yes, voters simultaneously want benefits and low taxes. And this is how you do it, give the benefit subject to numerous qualifying conditions, and make it a loan, so cash flow is not affected today and hence tax impact is low.

See defined benefit pensions, higher education loans, military benefits, 401k/employer health plan tax benefits. All of these things could have middlemen removed, but they remain to obfuscate costs and who is getting how much of the benefit.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: