Stupid tax tricks

So it looks like the dividend tax cut is going through. Postrel and Levy at Volokh Conspiracy think it is stupid. Agree. Taxes are about raising revenue and keeping it simple is the smart way to do things. Suffice to say, that kind of thinking is in short supply in DC.

UPDATE: was watching Nightline and Warren Buffet was telling Koppell that he thinks the cut is not a good idea either. He thinks if the Feds really want to stimulate the economy just declare a paroll tax holiday for a short period of time and everyone gets a bit of money in their pockets to spend.