I find this hard to believe:
President Bush’s tax advisory commission indicated on Tuesday that it would not propose replacing the income tax with a national sales tax or a value-added tax, but would recommend limits in the popular tax deductions for mortgage interest and employer-provided health insurance.
The commission, scheduled to make its recommendations to the president by Nov. 1 on how to change the tax system, did not take votes or dwell on details, but its consensus on many important issues was clear.
“We’re getting focused on the income tax as a base,” said the panel’s chairman, Connie Mack, a former Republican senator from Florida.
Many prominent conservatives have argued over the years that the income tax is a drag on the economy and should be scrapped in favor of a consumption tax, a tax based not on what people earn, but on what they spend.
I hate taxes. I think we are taxed too much, I think government spends too much, and I think certain taxes should simply be abolished (property tax being one- it sends me into fits of anger to continue to pay taxes on a car that was paid off years ago).
I love the idea of a flat tax.
But you have got to work a little harder to convince me that after years of cutting taxes and failing to even attempt to control spending, the only tax code revisions this group can come up with is cutting deductions for home owners and health insurance?
Tell me I am reading this wrong. Tell me I am getting worked up over nothing. Tell me I just don’t understand what they are trying to do. Tell me something.