Tax missimplification: it's not a done deal.(The Taxonomist)
American Prospect, The, December, 2004 by McIntyre, Robert S.
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Two days after his re-election, President Bush offered the public some guidance on what he says will be a central goal of his second term: "tax simplification." Bush said he wants to "encourage people to invest and save," i.e., he favors still more tax cuts for the rich.
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He added that he'll propose a tax code that "rewards risk," i.e., one that offers even more tax breaks to business. No surprises there. But as previously hinted, this time around Bush offered a twist: His plan will be "revenue neutral." Of course, that requires raising ...
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