Why? “Because the design is a sieve. Thirteen top tax lawyers studied the House and Senate versions of the tax cuts, and produced a 35-page analysis laying out the various loopholes and games the bill would open up. … Republicans are injecting the tax code with innumerable opportunities for people who have good accountants to avoid the nominal income tax rates. It’s hard to model the effect of something like this on the budget, because it’s hard to find any good examples of something quite so shoddy and corrupt.”
Speaking of loopholes and accounting games, The New York Times offers 13 ways to profit off the Republican tax bill.
Here’s one of the tips: “Consider a career in tax law or corporate accounting.”