Friday, November 19, 2004

Bush's Tax Reform

This little tidbit from the Wahington Post via Andrew Sullivan's Blog

[T]he administration plans to push major amendments that would shield interest, dividends and capitals gains from taxation, expand tax breaks for business investment and take other steps intended to simplify the system and encourage economic growth... To pay for them, the administration is considering eliminating the deduction of state and local taxes on federal income tax returns and scrapping the business tax deduction for employer-provided health insurance.

Yep Middle America, he's on your side.



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