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Tuesday, October 26, 2010

Obama's Deficit Commission Eyes $1 Trillion in Annual Tax Expenditures

President Obama's National Commission on Fiscal Responsibility and Reform is eying over $1 trillion in annual tax expenditures to begin to close the budget deficit.

http://taxprof.typepad.com/taxprof_blog/2010/10/obamas-deficit-.html

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Comments

Nothing about the VAT? I guess they'll spring that on us after the election but before the new Congress is sworn in.

Posted by: Woody | Oct 27, 2010 12:51:52 PM