Do you have a suggestion Peter?  The problems with your compatriots in the the tax community is that nobody is suggesting a solution to the sprinkling of income issue that will address the unfairness of the current system.  The govt's objective is to end this tax leakage and create a level field, and I don't see any tax professional suggesting a "simpler" way.  The tax professionals and their clients just want their tax plans to continue and will shout and shout without any productive and introspective solution.  BTW, I do know what is in these proposals as I have a CPA, am completely familiar with corporate and personal tax, and have owned two businesses for over 30 years.  The system is not fair at the moment, and I'm saying that as one who has benefitted over the years.