Posted on 12/10/2009 5:19:59 AM PST by Libloather
Tough road for Rangel on tax push
By Ian Swanson - 12/09/09 06:00 AM ET
Rep. Charles Rangel (D-N.Y.) wants to push a tax reform overhaul through Congress in 2010.
The question is whether anyone will get behind the proposal offered by the embattled chairman of the Ways and Means Committee.
Democrats’ agenda for 2010 is already crowded with a number of priorities, and the looming election will have leaders carefully selecting what to take up. There’s also the question of the ethics investigations targeting Rangel, which have weakened the chairman of one of Congress’s most powerful panels.
Rangel appears undeterred, and there are many reasons to think 2010 will be a big year for taxes. It has been more than 20 years since the last great tax reform, and the expiration of some of former President George W. Bush’s individual tax cuts could give reform an impetus.
It’s also a priority for the chairman of the House’s tax-writing panel. On Tuesday, Rangel said he’ll press Treasury Secretary Tim Geithner this week to support broad tax reform in 2010.
Rangel told executives at a PricewaterhouseCoopers symposium that he wants to “persuade” Geithner and members of his committee that they would serve Congress and the country better “if we reform the tax system that we have.”
(Excerpt) Read more at thehill.com ...
YO SCHMUCKY, YO TIMMY ... WHY the EFF SHOULD I Bother to pay taxes??? .. you two sure the EFF didn’t care about it..
Tell you what... go audit your LIB BUDDIES and shake their wallets LOOSE... THEN maybe come talk to me.
btw .. my answer WILL BE ... NO EFFING WAY... SCUMSUCKER!!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.