Wednesday, October 19, 2005
D'uh
Tax simplification proposals draw criticism
What do you expect when you talk tax reform and the results would be the elimination of popular and important tax deductions (and thus higher tax liability). This is the sleeper issue that could bite the GOP hard in 2006....They say tax reform, but as usual it's really just a fancy way of saying...tax increase. Perhaps we have a new type of politician...The Dems are the Tax and Spend party, the GOP is the Tax Reform and Spend party...Doesn't matter what you call it, any measure that increases my tax liability is a tax increase.
Message to GOP...you've been warned.
What do you expect when you talk tax reform and the results would be the elimination of popular and important tax deductions (and thus higher tax liability). This is the sleeper issue that could bite the GOP hard in 2006....They say tax reform, but as usual it's really just a fancy way of saying...tax increase. Perhaps we have a new type of politician...The Dems are the Tax and Spend party, the GOP is the Tax Reform and Spend party...Doesn't matter what you call it, any measure that increases my tax liability is a tax increase.
Message to GOP...you've been warned.
