Interesting FDR quote David .
Allow me to interject a little on Public Policy .
Was listening to Ronald Reagan’s Sec. of the Treasury, Donald Regan , on C-Span one day . D.C. Press Club Luncheon . In the Q & A session a question came from the floor .
Q : Given the admitted complexity of the Revenue Code , and the perception of the general public that this complexity benefits special interests , wouldn’t it be possible to streamline the Revenue Code , thereby increasing public confidence in the Code’s fairness , while still raising enough revenue for the Treasury ?
A : The purpose of the Revenue Code is not to raise revenue . The purpose of the Revenue Code is to enforce Public Policy . Next question .
Reply With Quote
