OK President Obama, Let’s Raise Revenue
7th July 2011
Those of us who don’t live on Animal Farm can easily discern ways to grow revenue without raising real taxes. This involves eliminating special interest “tax extenders” for selected individuals, industries, or social engineering endeavors – and those “credits” granted to people who have no tax debit in the first place. We should leave those deductions and credits that are 1) broadly available and 2) do not completely eliminate someone’s tax liability.
Let’s see whether the Half-Blood Prince is really serious.