To: TigerLikesRooster
I saw Senator Cornyn and he said Tax Reform was necessary, and that if overall rates were reduced, then current special deductions and credits could also be reduced to produce a revenue neutral result on a static scoring. He added that there wasn’t time to do this in the Debt Ceiling bill, so tax increases were off the table.
3 posted on
07/03/2011 7:35:29 PM PDT by
SubMareener
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To: SubMareener
“and that if overall rates were reduced, then current special deductions and credits could also be reduced to produce a revenue neutral result on a static scoring”
That stuff almost always works out to a revenue net plus. Sneaky devils.
38 posted on
07/03/2011 9:04:45 PM PDT by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: SubMareener
I saw Senator Cornyn and he said Tax Reform was necessary, and that if overall rates were reduced, then current special deductions and credits could also be reduced to produce a revenue neutral result on a static scoring. He added that there wasn’t time to do this in the Debt Ceiling bill, so tax increases were off the table. That's exactly what he said but those facts won't stop people here from screaming "RINO" and calling for his political scalp.
To: SubMareener
Yep I heard the same thing! The left will do anything to create a rift!
68 posted on
07/04/2011 12:55:46 AM PDT by
tallyhoe
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