Tax Cut Worryworts

Vice President Dick Cheney opened the White House economic confab yesterday with a call to make the 2003 tax cuts permanent, and a good thing too. He and President Bush need to shore up some wobbly Republicans on Capitol Hill and inside their own Administration.

GOP bigfeet have been debating their priorities for the New Year, and some want to delay any tax-cut vote until they can fold it into a broader "tax reform" plan. That would mean the autumn of 2005 at the earliest, and perhaps well into 2006, because tax reform looks to be second in the legislative queue after Social Security. Realistically, that could also mean never, because passing any tax reform is going to be a very tricky exercise.

So allow us to remind Republicans what happened last November: You won! Democrats said the nastiest things about your tax cuts, called you tools of the rich and stepchildren of Halliburton, and voters nonetheless chose . . . your tax cuts. Now is not the time to walk around like Sally Field asking whether they really do like you. They just told you they did.

I do not believe Roy Blunt, Tom Delay, and even Denny Hastert are going to toss in the towel on the tax issue. Hastert even wrote a book advocating change. Recall all the naysayers here re:AW Ban sunsetting. Sept. 13th came and went, and so did the AW Ban.

Patience in order here. GWB has not begun his second term yet. It's CHRISTMAS! Let's see what happens in a month...I look for, and expect good things. And no, I'am not interested in a mere "tweaking" of the tax code. "Rip it out by it's roots" as former Rep. Bill Archer (R-TX) said.

"Rip it out by it's roots" as former Rep. Bill Archer (R-TX) said.

Rip it out indeed!!

Chairman of the House Ways and Means Committee,
Rep. Bill Archer (R-TX)
August 12, 1996

"A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."

A Taxreform bump for you all.

If you would like to be added to this ping list let me know.

John Linder in the House & Saxby Chambliss Senate, offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:

H.R.25, S.1493
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.
Refer for additional information: http://www.fairtax.org, http://www.salestax.org & http://www.geocities.com/cmcofer/ftax.html

Plumber needs to know 5 things:

1.Hot on the left.

2.Cold on the right.

3.S**t runs downhill.

4.Friday is payday.

5.The boss is an SOB

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