Tax Reform?
According to the Economist magazine, the tax code grew by 10,000 pages during George W. Bush's first term in office.
Furthermore, the Economist reports, "This year's deficit, at $422 billion or 3.6 % of GDP, is marginally lower than the [Congressional Budget Office] estimated six months ago. But the outlook for the next ten years has worsened, to a cumulative deficit of $2.3 trillion."
So while the Republicans proclaim themselves the party of tax reform and fiscal responsibility, it looks like this year the best party to push for either goal is the Democrats.
0 Comments:
Post a Comment
<< Home