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Tax reform lingo

Don't be fooled by what the Democrats have now re-labeled as “tax reform.” Democrats perfected a crafty trick that allows them to push for more tax revenue without having to say "increase tax rates." When you or I think of "tax reform," we likely think of a fundamental overhaul of our tax system and the way our government generates revenue. We may think of the flat tax or the FairTax. But when the Democrats say they want to "reform" the tax code, all they really mean is that they want to get rid of certain deductions and loopholes for rich Americans and certain industries they do not agree with - ie. oil and coal.

They will use the argument that Republicans should support closing loopholes because Mitt Romney supported it in the last election. What they fail to mention is that Mitt Romney also wanted to lower tax rates in conjunction with closing certain loopholes. Democrats conveniently fail to mention that part of the story.







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