"On the tax code, they recommend cutting taxes to promote growth but eliminating many deductions in order to broaden the base of who pays."
Hypocrisy on their part. Simpson-Bowles did not address health care, the major driver of our debt problem. It is the reason Paul Ryan did not sign on to it as a member of the commission.
I got excited for a minute. I thought it said “Obama needs slashing”.
The interesting thing is, that Bronco Bama commissioned the plan, then when it was presented, he just blithely ignored it.
I guess that anything that does not conform to his view of the world is, well, just evil.
And of course, he wants to be known as nice, not evil.
Too late.
unless they mean go to a flat tax, this is senseless gobbledy gook
Whoever pays more taxes contributes less to a consumer driven economy, period
These “experts” are just proposing rewriting the tax code so the govt still picks winners and losers, just different winners and losers
They are just proposing shifting deck chairs on the Titanic
In a former life, I raised pigs among other things. I never saw one who was willing to stand back from the trough when I poured the swill in and let others have their fair share first. It didn't take me long to figure out that pouring all the swill in at once ended up with more feed being wasted than actually feeding the hogs . . . and the biggest, roughest and most aggressive hogs (i.e. public employee unions) getting most of what wasn't wasted.
Agreed, but Caliph Hussein just got re-elected, so I’m not holding my breath waiting for any of it to happen.