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4.25.2005
MercuryNews.com | 04/25/2005 | Taxpayers get too many breaks, panel concludes: "``We have lost sight of the fact that the fundamental purpose of our tax system is to raise revenues to fund government,'' according to President Bush's Advisory Panel on Federal Tax Reform. The quote cracks me up, because for years politicians have been using the tax code as a way to punish their enemies and to reward their friends, or as a way to promote activities that they deem beneficial to our society. As the federal government continues to slide deeper and deeper into debt, the bean counters are looking around trying to find ways to raise revenue without punishing their political allies. For the Republican party, cuts in spending for horribly overpriced weapons programs are out of the question. Bush has already cut income taxes for the rich and has called for the elimination of the estate tax. So as we drain money out of one side of the treasury it has to come in from somewhere else. I live in a heavily Republican state, but we're not rich. If they start cutting tax breaks for homes, children and health insurance its going to be a tough hit against some of their own political constituents. Unless they counter those increases with a big fat tax break for church attendance, there's going to be some pain here in the red states. So why alienate your own voters by making it harder for them to get by? Why would Republicans gamble with their own political fate? They believe (whether rightly or wrongly remains to be seen) that they can keep working and middle class Republican voters in the fold with social issues. In case you haven't heard, Democrats hate God, and people who go to church. They will pack the Supreme Court with judges that eat babies for breakfast, wipe their mouths with the flag and piss on the ten commandments. Republicans like Sen. Frist are waving around the Terri Schiavo case a proof that judges are running amok in this country and that democrats are against people of religious faith. This, despite the fact that 13 of the 22 judges that ruled in that case were republican. This, despite overwhelming evidence that a large majority of democrats are church goers as well. But there I go again, trying to insert facts into an emotional argument. "The White House budget office ranks the cost of a deduction for businesses that provide health insurance to employees as the top tax break, worth $126 billion next year. Also high on the list are the popular mortgage interest deduction, a capital gains break for home sales, a deduction for charitable contributions and the child tax credit." |
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