The Freedomist
Administration floats tax code reform
Administration floats tax code reform
by Jed Lewison
Fri Dec 10, 2010 at 03:50:04 PM PST
Obama Weighs a Broad Tax Overhaul
WASHINGTON — President Obama is considering whether to push early next year for an overhaul of the income tax code to lower rates and raise revenues in what would be his first major effort to begin addressing the long-term growth of the national debt.
While administration officials cautioned on Thursday that no decisions have been made and that any debate in Congress could take years, Mr. Obama has directed his economic team and Treasury Department analysts to review options for closing loopholes and simplifying
Article source: http://feeds.dailykos.com/~r/dailykos/index/~3/wtQxEHFeGZs/-Administration-floats-tax-code-reform
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