[Yo-Yo]

This is what Reagan did. He lowered tax rates and also reduced deductions (got rid of the two martini lunch deduction, for example.)

The mantra of the day was “revenue neutral.”

Why do I get the impression that Zero will reduce deductions, but not reduce tax rates?

[traditional1]

Going to formalize wealth-redistribution to "equalize incomes" because there's "too much income disparity in the U.S. today".

We gottsta share the "pie".

[Pearls Before Swine]

It took two years to think about tax simplification? Obama style simplification: 1) What did you make? 2) Send it in!

Unless of course, you’re a favored class taker.

[sappy]

“.... to lower rates and raise revenues.”

odd phraseology coming from the slimes.

[Pietro]

....and so the triangulation begins.

This could be a good start, if properly pursued, to end the IRS as we know it. Naturally, that's not what O has in mind, but from such little seeds..........

[concerned about politics]

A consumer tax is the answer. First, the more you consume - the more you pay. Second, the drug dealers and pimps would finally have to pay like everyone else. Third, and most important, the welfare dependents would also have to pay. If they had to pay, they'd think twice about voting for new social programs and additional government jobs and pensions. THEY'D also be paying for it - or at least believe they are. They'd be voting themselves LESS money every time the democrats win instead!
If EVERYONE had to pay, higher taxes would become a campaign killer!

[ScottinVA]

0bama + “Overhaul” = A VERY bad mix!

[Bigun]

There is only one tax reform measure worth doing and that is to throw the communist inspired income tax onto the ash heap of history, where it so properly belongs, and replace it with a broad based consumption tax such as the Fairtax bill currently pending in the House Ways and Means Committee!

[Vaduz]

Obama signaled his inclination in off-the-cuff remarks.Puts finger to wind.

[from occupied ga]

Obama Weighs a Broad Tax Overhaul (simplifying income taxes for corporations and individuals)

Obama Weighs a Broad Tax Overhaul (simplifying increasing income taxes for corporations and individuals)

There - fixed it.

[Carley]

Lies and more lies.

Remember when he said before the mid terms that he was going to lift the ban on offshore drilling.

Who is going to be fooled by his bull. No one.

[WOBBLY BOB]

Barry wants a simple flat rate of 100%

[Iron Munro]

Any time a democrat wants to alter the tax system you can be certain that their real objectives are:

- To increase the amount the govenment extorts from taxpayers

- To increase wealth redistribution and stealth reparations

- To further their socialistic agenda

- To create more dependance on the government among the moocher class and protected classes

[C210N]

Mr. Obama signaled his inclination in off-the-cuff remarks....

0' and Slimes coordinated effort to mold and shape the current discourse into one that furthers his/their agenda, away from the negative, for him, side of wikileaks and the debate around DADT, Dream, and tax "deals".

[paul51]

get rid of the IRS and the hopelessly gerrymandered tax code as well as all the corruption and inefficiencies that go with it. Bring on the Fair Tax

[FrankR]

[ridesthemiles]

There are millions of homeowners in the USA who qualified for their mortgages by including the deduction for the mortgage interest & the property taxes.

Making retroactive changes to those homeowners status could be a total disaster.

Making changes for NEW homeowners going forward could be an entirely different thing.

[Publius6961]

Resolved... That I will absolutely not participate in ANY discussion of proposals by Obama or any other "progressive" OF EITHER PARTY until problem one is addressed:

It's
The
Spending,
STUPID!!!!