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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (424750)	7/9/2003 2:29:11 PM
From: DuckTapeSunroof	Respond to of 769670

Re: "Rationalize the tax code. Small business would explode and big business would evaporate." >>> The largest national failure, IMO, is our total failure to simplify the tax code - and remove all of those uneconomic and unproductive 'special tax preference items' and corporate pork loopholes that favor sunset industries over the newer industries. >>> I believe you are correct, if the code was cleansed, hundreds of billions of dollars in annual compliance costs would be returned to the economy, and by eliminating the unfair loopholes... we would see an explosion of growth and productivity.