GOP Congressmen Reveals GOP Tax Reform: Surprise - Not Bad

[gla22]

[The Dude]

Unfortunately, the proposal uses some gimmicks to keep it revenue neutral in the first decade but would lose that neutrality after because certain taxes would not longer apply. Foreign money repatriation, for example.

But again, these are all things that can be negotiated out. It's not a perfect plan but a reasonable one given by a GOP House member to negotiate off of. Still, it's DOA in the house.

[Professor]

[The Dude]

[Indy]

You've got to love how Wall St. cracks the whip and the GOP comes to heel. God bless our corrupt plutocracy.

In fairness, the Dems won't touch Wall St. either. The only ones who ever talk about Wall St. are those dirty hippies.

[The dane]

Hmm, that's really a very progressive proposal. I would not have expected that at all from a Republican.

Democrats should jump on this, but I very much doubt it would get enough Republican votes to pass the House. Even Camp himself might be forced to go against it once all the lobbying kicks in.