Subject: Projected Tax Reform Comment: It is being widely reported that this commission is going to recommend that the only changes to the current tax code will be limited changes to the Home Mortgage deduction, a decrease in the Employer Health care deduction, and to do away with the AMT. The only thing I can say about this is " What a total waste of time and energy, and just another example that politicans cannot be trusted to come up with any other idea than a way to save power for themselves." You had the opportunity to make significant changes to a system that penalizes hard work, is totally obtusive, unworkable, where compliance costs are prohibitive, cause business to run like hell from the U.S. and where even the employees of the IRS say is horribly broken. In a time where it would have taken bold leadership and insight you have chosen to capitulate to the "K" street lobbyists to save your political asses. We the people of the US have had enough of your "fixes", it's time to do away with this system and replace it with one that treats all people fairly. The Fair Tax movement has started and will not be stopped. We can't count on people like you so we'll have to do it ourselves via the ballot box. |