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John McBama and tax reform

October 24, 2008

There's a great post at Tax Policy Blog about the political difficulties of tax reform. The post covers the sweeping reform proposals by Len Burman of the center-left Tax Policy Center. While not my ideal tax reform, it would be a lot better than what we have now. But how would it play in a presidential campaign? The Tax Policy Blog says it would play like this:

Did you know that Len Burman wants to tax your health insurance for the first time ever?
Did you know that Len Burman favors socialist policies that would give welfare to those who pay no taxes?

Did you know that Len Burman wants to give big corporations huge tax breaks, some of which ship American jobs overseas?

Did you know that at a time when housing prices continue to plunge pushing the U.S. into financial turmoil, Len Burman wants to take away your mortgage interest deduction and your ability to deduct those high property taxes you are paying?

Did you know that Len Burman wants to eliminate tax credits for hard-working Americans like you that are struggling to afford the ever-rising costs of college tuition?

Did you know that Len Burman favors taxing your electricity and raising the price you pay at the pump?

That's not the kind of reform we need. I'll fight Washington insiders like Burman who are out of touch with main street America. I promise cutting taxes for families like yours who can't afford the higher taxes you'll be paying under my opponent's plan? I'm John McBama and I approve this message.

Sadly, I think this is exactly what would happen.

Tags: tax policy.tax reform.