&gt; The problem is that no tax code can close all loop holes<p>It&#x27;s really a question of political will.<p>Just think about the amount of resources the US spends on the &quot;war on terror&quot; or the &quot;war on drugs&quot; compared to the &quot;war on tax evasion.&quot;<p>If the US gov wanted to reform the tax code and enforce everyone paying their fair share, they most certainly could.<p>The real issue, in my opinion, is that certain people have disproportionate influence in the legislative and rulemaking process, alas, we have the system we have.