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(52,126 posts)
9. this will be a federal wonk issue from the distant past in state/local 2014 races.
Fri Nov 9, 2012, 06:56 PM
Nov 2012

i don't see it having a huge impact on 2014 in and of itself.

but that's partly because i don't forsee any huge changes. if they completely rewrite the tax code, yeah, sure, that would have a big impact on 2014.

but i see rates increasing, mostly due to the shrub cuts expiring; a few deductions ending; a minimum tax fix that might be somewhat more enduring that the usual annual "patch"; and maybe a few new deductions/credits to make it all go down easier. more than the usual tinkering, but nothing landmark.

nothing so huge that congressional races won't still be about local and state matters like did their candidate come out in favor of rape, etc.

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