Saturday, December 4, 2010
Common Sense. Does our congress have any?
Cutting both tax rates and tax exemptions looms large in the proposals released by President Obama's deficit commission, and by the Bipartisan Policy Center taskforce headed by former Republican senator Pete Domenici and former Clinton budget director Alice Rivlin. Both commissions recommend cutting the top personal and corporate income tax rates and wiping out most tax loopholes. It's an economically rational way to raise tax revenues.
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Common sense is not so common after all.
ReplyDeleteI just wish that our Representatives would learn and read the constitution and our founders writings. They truly did know what they were talking about. It should also be top priority in our schools. Otherwise we are doomed to repeat past mistakes. Reagen was right-
ReplyDeleteMan is not free unless government is limited.
Ronald Reagan