PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Peter Dierks who wrote (707798)	10/19/2005 5:31:15 PM
From: DuckTapeSunroof	Read Replies (1) of 769670

PRESIDENT'S TAX PANEL A DUD: Americans hoping for real tax simplification and reform are unhappy. The President's Tax Reform Advisory Panel proposes just to tinker with the hellacious US tax code rather than replace it with a simple and fair system such as the flat tax. Bush's tax panel rejects major overhaul. msnbc.msn.com Hon. Ron Paul asks: "Who opposes simpler, lower taxes?" lewrockwell.com "...When the federal government takes $2.5 trillion dollars out of the legitimate private economy in a single year, whether through taxes or borrowing, spending clearly is out of control. Deficit spending creates a de facto tax hike, because deficits can be repaid only by future tax increases. By this measure Congress and the president have raised taxes dramatically over the past few years, despite the tax-cutting rhetoric. The real issue is total spending by government, not tax reform."

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