These guys know how to win friends

In their continuing campaign to Protect Wealth At All Costs, the Bush administration is focused on cutting income taxes on the top income bracket. Flat taxes have been floated, as well as a national sales tax and other ways to shift the tax burden from those who pile up wealth onto those who earn less and spend most of what they get. A tax advisory commission previously recommended slashing the Alternative Minimum Tax, which limits the deductions and loopholes of the rich and requires that they pay *some minimum.* As a result, the commission needs to replace those funds by changes elsewhere in the tax code. This week it indicated its plan to recommend cutting the deductions for mortgages and health insurance contributions, two very popular programs that benefit the middle class and Upstanding Folks around the country. The Congressional debates on this one should be priceless -- Republicans may never dig themselves out of the pile of crap their leaders are foisting on them...

(via a Medley furling)