Forums

[Replaced_Texan]

Originally posted by ltl/fb
"We challenge Washington to put its own house in order. It should cut congressional and nondefense staff by 10 percent, reduce federal consultants by 150,000, cut pork-barrel highway projects by 50 percent, and restore caps on discretionary spending. To revive economic growth, Congress should reimpose strict pay-as-you-go rules for spending and tax cuts.

Second, we need to reform the tax code to promote economic growth, not special privilege; reward work; and make it easier for families to afford college, own a home, and save for retirement.

Private-sector growth is the prerequisite to opportunity for all. Congress should enact tax policies that encourage investment and drive innovation that helps the whole economy grow, not policies that prop up inefficient or dying industries. It should create a binding Corporate Subsidy Reform Commission with a mandate to cut $30 billion per year in unnecessary subsidies for the next 10 years -- and use the money to invest in innovation and growth. If the U.S. military can close bases it no longer needs, American business can let go of special privileges that retard rather than increase economic growth.

We challenge Washington to enact the family-friendly tax reform plan proposed by Paul Weinstein of the Progressive Policy Institute. It would eliminate 68 redundant, unnecessary, or special-interest tax breaks. Instead, Americans would receive four simple tax incentives: a $3,000-a-year college tax credit; a universal home mortgage deduction available to people who don't itemize their taxes; an expanded family tax credit for couples with children; and a universal pension that replaces 16 existing IRA-type accounts with a single, portable retirement account for all workers."

The family-friendly tax reform plan is revenue-neutral, supposedly, so it's gotta be the 1st and 3rd paragraphs, and while they have more words, they aren't really more specific.

I'm cynical today.

Sebby -- actual in-person politically tinged conversations I turn and walk away from. Or participate in a different conversation, if trapped at a dinner table.

ETA asking the accountant is pathetic, though.

Fine, fine, fine: Here. I should bill you for this.