Party Needs a Tax Plan Before Next Elections
I’ve said it before, and I’ll say it again: Both consrvative and liberal elites favor flat taxes — the flatter the taxes are, the better they like them!
–N.B.

[U.S. Senator Ron] Wyden sees 2006 as offering a replay of 1986, when President Ronald Reagan signaled his interest in tax reform and Democrats (who controlled the House then but were a minority in the Senate) seized the initiative from him. Bill Bradley, a Democratic senator from New Jersey, teamed with Rep. Dick Gephardt of Missouri to shape the bill that Reagan signed.

Wyden has introduced what he calls the Fair Flat Tax Act of 2005 as the starting point for what he expects to be a major debate next year on tax reform. “I think it is a certainty that Bush will put this issue on the agenda in his State of the Union address,” Wyden told me in an interview, “and the Democrats have to be prepared to offer an alternative that makes sense.”

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