A revamped tax code? No, thanks

[struggle4progress]

ECONOMIC LIFE
By Charles Stein, Globe Columnist | August 22, 2004

<snip>
Bush himself opened the door to reform talk recently when he was asked about the possibility of replacing the income tax with a national sales tax. "It's an interesting idea we ought to explore seriously," the president replied. <snip>

Most so-called tax reformers are people who don't like big government and have figured out the way to shrink government is to cut off the money supply. <snip>

At the moment, federal taxes amount to 16 percent of Gross Domestic Product, the lowest tax burden in 50 years. Given our large budget deficit this would seem to be a poor time to cut taxes still further. <snip>

http://www.boston.com/news/politics/president/bush/articles/2004/08/22/a_revamped_tax_code_no_thanks/

[Warpy]

1. Whenever pubbies do anything to the tax code

you can bet the folks at the top get a windfall and the folks at the bottom get screwed in a bait and switch scam. Shoot, Bush pretty much admitted that the tax code is written to give rich folks all the loopholes they could possibly need to avoid taxes.

What we need is a DEMOCRATIC reform of the tax structure, hopefully post DLC, that will once again create the conditions favorable to the growth of a large and stable middle class.

The pubbies have us on the way to serfdom.