« Previous · Tax Update Blog Home · Next »
As Governor Vilsack nears the end of his term, he is moving onto a bigger stage. He is now speaking up more on national issues as part of his transformation into a national figure. Last week he addressed Tax policy:
He called for an increase in the size of the active-duty military, so more reservists are available for missions at home.
To pay for it, he thinks Congress and the president should repeal the tax cuts of the last four years, though only for people who earn more than $300,000 per year.
It would be too much to hope that they might try to spend less before raising taxes. Perhaps they could forego the federal $5.9 million snowmobile trail in Vermont? Or the $231 million Don Young's Way Bridge in Anchorage? Or maybe the $223 million bridge to Ketchickan, Alaska? No, these are vital national priorities; better raise taxes instead.
Bookmark: del.icio.us • Digg • reddit
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to