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Originally posted by Greedy,Greedy,Greedy
So what are this year's phantom revenue offsets? Or do we now just measure the revenue impact on DeLay's favorite 527 before enacting new tax "incentives".
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I should have taken accounting. This para seems to say they did that, but then again, they didn't:
"The overall measure is technically cost-free, because it would also raise money by tightening rules against tax shelters and imposing new customs duties. But Mr. Ashdown and other critics contend that the full costs have been glossed over and disguised by delaying the starting date of some provisions and scheduling others to end after several years. Once Congress passes a tax break, lawmakers typically extend it when it comes up for renewal."
Is this NYT spin, or is the funding truly illusory?
