To: Leto
I know O'Neill has made studying the issue, and tax reform a priority for him, and many close to him have stated that once he gets some kind of tax reform, he'll probably leave. Personally, I'd rather see Steve Forbes at the treasury tacking the issue. He can help bring about meaningfull and lasting change in tax reform that can benefit all americans, equally and for the best.
6 posted on
11/19/2002 1:04:29 PM PST by
Sonny M
To: Sonny M
There seems to be rumors that O'Neill will leave in the next couple of months.
I think next year there will be some tactical moves on taxes, ending the Alternate Minimus Tax, reducing taxes on cap gains, making the tax cuts permanent and some stuff for lower income tax payers.
I think that real tax reform will not happen until after the 2004 election and that assumes a big Bush/GOP victory, things will be run up the flagpole between now and 2005.
Lindsey seems to lean towards a Flat Tax and away from a Sales TAx.
7 posted on
11/19/2002 1:16:57 PM PST by
Leto
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