Tax Rates and Tax Collections in the United States

The trend of the last several decades has been generally declining tax rates mixed with generally closing out any loopholes or exceptions. Its difficult to find any truly spectacular tax loophole in the us. Tax code to day. My whole life i've pretty much been looking for em as a financial planner. What are they? There just aren't that many. They used to be a lot more, but they've been steadily closed bygi and so if you look back over the last ten to 20 years, you see a striking stability of overall tax rates and tax collections. Politicians understand that heavy tax rates tend to minimize economic activity.