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Bush Pledges to Make Changes to Tax Code
My Way ^ | 11/04/04 | By TERENCE HUNT

Posted on 11/04/2004 7:08:31 PM PST by MNJohnnie

WASHINGTON (AP) - Contending Americans have embraced his conservative agenda, President Bush pledged Thursday to aggressively pursue major changes in Social Security, the tax code and medical malpractice awards, working with Democrats if they are receptive and leaving them behind if they're not.

"I earned capital in the campaign, political capital, and now I intend to spend it," Bush said a day after a decisive victory that made him the first president in 68 years to win re-election and gain seats in both the House and Senate.

"I'll reach out to everyone who shares our goals," said Bush, who 24 hours earlier had promised to try to win over those who voted for his Democratic opponent.

(Excerpt) Read more at apnews.myway.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: 2ndtermagenda; bush; bush43; economy; taxes; taxreform
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To: unixfox

We need to dump the estate tax once and for all.


21 posted on 11/04/2004 7:39:42 PM PST by ridesthemiles (ridesthemiles)
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To: Moonman62

Good. The Republicans have been complicating the tax code for the past 10 years. Perhaps this is part of his secret strategery the Bushbots have been promising for the past 4 years.



UMMM how? Didn't realize by cutting and abolishing taxes you "complicated" the tax code. Bush's plan, while not perfect, was a heck of a lot better then the Kerry plan was. NOW we have to stay on game and get the ball rolling.


22 posted on 11/04/2004 7:41:10 PM PST by MNJohnnie (Now we got the voter's mandate, what are we going to do with it?)
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To: FairOpinion
"...NOW is the time to convince Bush and Congress to scrap the income tax alltogether and go with a sales tax..."

Exactly.

SCRAP THE CODE, ABOLISH THE IRS

23 posted on 11/04/2004 7:43:10 PM PST by Mikey (Freedom isn't free, but slavery is.)
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To: savedbygrace
(I approve.)

I do too. This president got more votes than any president in the past. That's something! And the left continues to talk about how Bush needs to include them in the decision making process. Lol! What fools!

24 posted on 11/04/2004 7:43:34 PM PST by mtngrl@vrwc ( We cannot change the direction of the wind... but we can adjust our sails.)
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To: mtngrl@vrwc

Yeah, like this: Dear leftists, This is what I've decided. Join me or merely observe. Cheers, President Bush


25 posted on 11/04/2004 7:46:10 PM PST by savedbygrace ("No Monday morning quarterback has never led a team to victory" GW Bush)
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To: ancient_geezer

Please add me to your tax reform ping list


26 posted on 11/04/2004 7:46:21 PM PST by MNJohnnie (Now we got the voter's mandate, what are we going to do with it?)
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To: MNJohnnie

Sounds like we got an interesting 4 years ahead


27 posted on 11/04/2004 7:46:59 PM PST by GeronL (Congratulations Bush on your re-election VICTORY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
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To: savedbygrace

Yeah, like this: Dear leftists, This is what I've decided. Join me or merely observe. Cheers, President Bush


Yep and that is basically what President Bush said today.


28 posted on 11/04/2004 7:47:12 PM PST by MNJohnnie (Now we got the voter's mandate, what are we going to do with it?)
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To: ridesthemiles
We need to dump the estate tax once and for all.

AMEN!!

29 posted on 11/04/2004 7:49:10 PM PST by luckodeirish (Land of the Free, Because of the Brave!)
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To: Reagan is King

APT, is a transaction tax collected from financial transactions. It taxes invisibly, a perfect prescription for unlimited unaccountable government.

It is the same kind of tax that is the favorite of the United Nations called the Tobin tax. Perfect for socialist and perpetual growth of government.

Essentially the tax bill accumulates gets hidden in the price you pay for everything you buy without the advantage of seeing the butcher's bill. Out of sight Out of mind, a great tax for socialists.

If everyone is walking around with government imposed horseblinders on how do you expect them to exercise that "Eternal Vigilance" necessary for the restraint of government.


30 posted on 11/04/2004 7:49:53 PM PST by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: MNJohnnie

You're on the pinger :O)


31 posted on 11/04/2004 7:53:58 PM PST by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: MNJohnnie
ELIMINATE THE AMERICAN SLAVE STATE: ELIMINATE THE IRS/IRC AND FREE AMERICANS!!

32 posted on 11/04/2004 7:55:59 PM PST by ApesForEvolution (Tag Line Conservationist Week)
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To: Hendrix
Well said. The only thing this multi-billion dollar tax industry produces is headaches. Especially around April 15th...I mean August 15th....I mean October 15th....
33 posted on 11/04/2004 7:57:30 PM PST by Sparky11
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To: FairOpinion

I was thinking about the poverty income thing. Instead of rebates, why couldn't the IRS or state DOR issue a card, a kind of ATM/Drivers' License type card, with the persons photo ID and Soc. Sec. #, to those who qualify. At the point-of-sale the customer gets his/her card scanned/swiped/whatever, and is exempted from paying the tax. The card would need to be 'renewed' periodically (to deter fraud if a poverty person finds a better job).

If everyone got the card, you could still have graduated sales tax rates, (but only if needed to sell the idea to the Democrats)

I suppose you'd have to worry about counterfeiting. Still I think it'd be more efficient that monthly refunds for everybody.


34 posted on 11/04/2004 7:59:01 PM PST by golas1964 ("He tasks me... He tasks me, and I shall have him!")
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To: feedback doctor

Frankly, I think we need an activism thread up every day to get this done.

We need contact for the WH......I also have some less known info such as fax numbers for Rove etc.

We need contact info for Frist and relevant committees.

Frankly, while the war on terror is always number one, it is time to move majorly on the domestic front. We can walk and chew gum at the same time.

Domestic reforms in order of import. I think:

1)SS
2)tax
3)tort

Bush will push hard on 1....we need to push hard on 2 to make sure he pushes for radical reform, not just simplifying the income tax code.


35 posted on 11/04/2004 7:59:55 PM PST by rwfromkansas (BYPASS FORCED WEB REGISTRATION! **** http://www.bugmenot.com ****)
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To: Sparky11

March 15th and September 15th are bad dates, too.


36 posted on 11/04/2004 8:03:24 PM PST by Tymesup
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To: MNJohnnie
"I earned capital in the campaign, political capital, and now I intend to spend it,"

Excellent. As Ace of Spades points out, since neither Bush nor Cheney need to worry about reelection, they can pursue "all sorts of crazy-a$$ sh$t."

37 posted on 11/04/2004 8:04:12 PM PST by ThinkDifferent (A plan is not a litany of complaints)
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To: rwfromkansas

#1 reform needed: Election reform! No more waiting to the last minute to try and head off Dem fraud plans!


38 posted on 11/04/2004 8:04:30 PM PST by thoughtomator (The election's over... let's kick some jihadi butt!)
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To: MNJohnnie
Bush's full statement regarding taxreform this morning:

 

President Bush's Thursday Press Conference
http://www.whitehouse.gov/news/releases/2004/11/20041104-5.html

 

Q Mr. President, as you look at your second term domestic priorities, I wonder if you could talk a little bit about how you see the sequence of action on issues beyond Social Security -- tax reform, education. And if you could expand a little bit for us on the principles that you want to underpin your tax reform proposal -- do you want it to be revenue neutral? What kinds of things do you want to accomplish through that process?

THE PRESIDENT: I appreciate that. I was anticipating this question; that, what is the first thing you're going to do? When it comes it legislation, it just doesn't work that way, particularly when you've laid out a comprehensive agenda. And part of that comprehensive agenda is tax simplification.

The -- first of all, a principle would be revenue neutral. If I'm going to -- if there was a need to raise taxes, I'd say, let's have a tax bill that raises taxes, as opposed to let's simply the tax code and sneak a tax increase on the people. It's just not my style. I don't believe we need to raise taxes. I've said that to the American people. And so the simplification would be the goal.

Now, secondly, that obviously, that it rewards risk and doesn't -- it doesn't have unnecessary penalties in it. But the main thing is that it would be viewed as fair, that it would be a fair system, that it wouldn't be complicated, that there's a -- kind of that loopholes wouldn't be there for special interests, that the code itself be viewed and deemed as a very fair way to encourage people to invest and save and achieve certain fiscal objectives in our country, as well.

One of the interesting debates will be, of course, in the course of simplification, will there be incentives in the code: charitable giving, of course, and mortgage deductions are very important. As governor of Texas, when I -- some time I think I was asked about simplification, I always noted how important it was for certain incentives to be built into the tax code, and that will be an interesting part of the debate.


39 posted on 11/04/2004 8:05:42 PM PST by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: ancient_geezer

Will you add me to your tax reform ping list as well? :)


40 posted on 11/04/2004 8:06:24 PM PST by nodumbblonde
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