Jewish World Review June 18, 2013/ 10 Tammuz, 5773
Tax reform may have effective Dynamic Duo
By Dan K. Thomasson
Another Dynamic Duo is about to emerge on the national scene. We're not talking about the Caped Crusader and Robin, although "Holy reform, Batman" could be a popular refrain if this pair has its way. Think in terms of (Alan) Simpson and (Erskine) Bowles on steroids, the Republican and Democrat, respectively, who stumped for debt reduction. Two things seem at play here. Baucus is retiring after his term is up and wants his legacy to be a meaningful resolution to an antiquated system that millions of Americans consider unfair. The issues are many, and neither member of the duo wanted to specify his pet peeves. Also, speed, at least as they see it, is necessary to avoid being caught in the maelstrom of the 2016 presidential election. After the 2014 midterms, the entire focus will be on the run for the White House -- with taxes always a major issue.
Two things seem at play here. Baucus is retiring after his term is up and wants his legacy to be a meaningful resolution to an antiquated system that millions of Americans consider unfair. The issues are many, and neither member of the duo wanted to specify his pet peeves. Also, speed, at least as they see it, is necessary to avoid being caught in the maelstrom of the 2016 presidential election. After the 2014 midterms, the entire focus will be on the run for the White House -- with taxes always a major issue.
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