Yes. But determined presidential support for such popular changes can be expected to prevail in Congress.
> But determined presidential support for such popular changes can be expected to prevail in Congress. <
A tax code change must be passed by Congress. But yes Rock, you’re right.
Plus there’s the power (threat) of a presidential veto. A president could threatened to veto a bill filled with goodies for Congress unless he gets something in it he wants.
I live in Iowa and just found out from my investor adviser that retirement payouts from pension, 401k and Social Security are exempt from state tax.
EVERY PERSON IN CONGRESS HAS CONSTITUENTS WHO WORK OVERTIME, ETC.
It also gives you incentive to go out and vote for Republicans all the way down the line.