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Reply #49: Boston Globe, 10/6/05: "Bush switches focus to overhauling tax code" [View All]

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Bush_Eats_Beef Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-09-05 06:34 PM
Response to Reply #4
49. Boston Globe, 10/6/05: "Bush switches focus to overhauling tax code"
Apparently Bush thinks he's going to enslave and then obliterate the middle class with a "National Sales Tax" before the Second Coming:

Bush switches focus to overhauling tax code
Social Security effort shelved

By Ryan J. Donmoyer and Heidi Przybyla, Bloomberg | October 6, 2005

http://www.boston.com/news/nation/washington/articles/2005/10/06/bush_switches_focus_to_overhauling_tax_code/

WASHINGTON -- The Bush administration is beginning to segue from its failed effort to overhaul Social Security to rewriting the tax code, an issue that is fraught with its own political challenges.

President Bush said Tuesday there is a ''diminished appetite" for changing the way Social Security is funded, the first time he's conceded congressional action is unlikely this year.

Four days ago the White House directed its tax advisory panel, headed by former senators Connie Mack and John Breaux, to recommend ways to revamp the tax code by Nov. 1, ending an indefinite delay in its work.

Changing the subject to overhauling the tax code gives the White House an opportunity to regain traction on its domestic agenda, analysts said.

"You know, I'm not exactly sure how big the national sales tax is going to have to be, but it's the kind of interesting idea that we ought to explore seriously," Bush said, according to a Reuters report.

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