do me a favor. tell me what you think a tax loophole is. and i mean specifically a provision in the IRC which you find to be an unfair tax loophole for the rich. i don;t think you can. what i see is that you're simply regurgitating what you see on MSNBC yet citing no specific examples and showing me that you have no real knowledge on the subject other than headlines that you read. prove me wrong.
I'm not saying you do this, but posting what one gets from watching MSNBC is no different than a lot of folks here who post directly from what the hear and see on FOX News. Eitherway, the media industry often overstates issues and sometimes even outright lies about them in order to gain viewership and/or readership. The truth is rarely found in the media, regardless of which side of the political spectrum one is on.
Because of the availability of so much information on the Internet and elsewhere today, it is harder and harder to really know the facts of any given situation. What is interesting to me is that good old fashioned logic seems lost on so many people these days. You see this with the Occupy folks who blame the banks for all our ills, or others who blame government or the rich as if anything could be that simple.
Some corporations probably do use tax loopholes to their advantage. Some may even do go so far as to do this outside the law. However, not all corporations are the same or are these big evil conglomerates so many would like to pin all our problems on. Not all rich people are the same. Sure some are greedy, like King Midas counting and hoarding all their gold coins. However, many rich folks are philanthropist and give generously to charities.
People like to complain that corporations outsource the manufacture of their products to other countries and nothing is made in America anymore, and yet they don't hesitate to purchase these cheaper products, which are often made in third world countries rather than support a U.S. industry. It is possible to buy "made in America" if you really try.
We are a nation of finger pointers....always pointing the finger at someone or something else. If you think government is corrupt, attend City Counsel meetings and speak up when you think something is being dealt with improperly. Attend State legislative sessions, watching your elected officials in action. If you don't like how they're voting, write or call them and tell them how you feel. Run for a political office yourself. It is always so much easier to criticize than it is to actually do something about the problems you see.