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- Aug 27, 2005
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At this time, Bush's committee on tax reform is pushing for caps on tax decuctions for interest on mortgage payments, considered an untouchable holy grail for Conservatives. Also, the committee is recommending reducing deductions for health care.
At this time, I am going to take a wait and see attitude. If Bush ends up accepting the committee's recommendations, the support he has lost among his base will pale in comparison to what he and the GOP will lose because of this move. Bush has made some bad moves lately, but this will be the final straw, if he goes ahead with this plan. Why do I think he will do it? Take a look at the panel itself, which is composed of cronies, including a member of the Carlyle Group.
"Robber Barons R Us"? We will see.
Article is here.
At this time, I am going to take a wait and see attitude. If Bush ends up accepting the committee's recommendations, the support he has lost among his base will pale in comparison to what he and the GOP will lose because of this move. Bush has made some bad moves lately, but this will be the final straw, if he goes ahead with this plan. Why do I think he will do it? Take a look at the panel itself, which is composed of cronies, including a member of the Carlyle Group.
"Robber Barons R Us"? We will see.
Article is here.