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To: Mojave
The Tax Reform Panel was bought and paid for by Tax Lobbies. The Chairmen of the Tax Reform Commission were former Senators Breaux and Mack. Look where they ended up:

Breaux:
Since 2005, Breaux has been a lobbyist for Washington, DC, firm Patton Boggs LLP:
http://www.pattonboggs.com/services/ServiceDetail.aspx?firmService=297

Mack:
Mack joined King & Spalding:
http://www.villagevoice.com/news/0515,ridgeway,63107,6.html

Both of these and many of their staff have gone to work for tax lobbyists. The number of tax lobbyists that work inside the Beltway number far above 20,000. K-Street tax lobbying firms are revolving doors for government sector - private sector employment pipelines.

The Tax Reform Panel has since been discredited. It was a major failure resulting in no sensible tax reform:

http://www.fairtax.org/PDF/Excerpts_from_response_to_tax_panel-103006.pdf

Since the Tax Reform was disbanded in November 2005, the FairTax movement has grown from 46 to 70 cosponsors. The membership of Americans For Fair Taxation has more than doubled to well over a million members.

And how many recommendations have been adopted from the Tax Reform Panel Report? Zero.

I don't know about you, but I believe the trend is your friend. Betting on the Tax Reform Panel is like investing in Enron Part Deux. Betting on the FairTax is like investing in Google in 2004 at its offering price of $85. Today even after a huge market correction, GOOG stock is selling at $530.

Good luck with your dead tax panel.

544 posted on 02/17/2008 2:48:18 PM PST by Hostage
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To: Mojave

Good thing there is currently no tax on insults and attacks... The FT’s would be bankrupt. Seems some FT’s don’t believe a guy has a right to make a living (unless it’s $20 million in AFFT funds) and that the “village voice” is some kind of reputable newspaper.


548 posted on 02/17/2008 3:03:35 PM PST by xcamel (Two-hand-voting now in play - One on lever, other holding nose.)
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To: Hostage
The Tax Reform Panel was bought and paid for by Tax Lobbies.

Your massive FT entitlement will be bought and paid for by taxpayers.

551 posted on 02/17/2008 3:20:26 PM PST by Mojave
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