Preliminary Proposal by Debt Commission

[JohnnyD]

Originally Posted by buckman

We just know what parts the current administration will drool over.

Originally Posted by RIROCKHOUND

Thats fine, but the suggests are being attacked by BOTH sides, which leads me to believe it is getting closer to some small solutions!

RIRockhound, it's like I said in my initial post:
"I know a constructive discussion about the above is impossible and it will quickly tailspin into a thread about the ridiculous spending, Obama's a socialist and whatnot as every other thread spirals into, but it's worth a try."

Some are incapable of being objective.

Originally Posted by RIJIMMY

im looking at the proposal as a whole. If they're reducing my tax rate by 10%, thats a lot more than my mortgage deduction.
The proposal also contains big cuts in spending.

Jim, I'm right there with you. As a business owner, I could get hit pretty hard depending on some of the deductions that will be lost. The proposals are far from perfect and then they'll get screwed with further as politicians from both sides mess with them.