Going “incremental” is intriguing as long as it is not robbing Peter to pay Paul. It may be worth considering the “Option 5” of a 2002 Treasury Dept. study which involves lifetime savings and retirement accounts. It is thought that the administration will hold off on radical tax reform until the social security and budget are dealt with. Those are big ifs (period). (edit: 1-3-05)<em>DELETE(or rather “until”s.) [A more careful reading shows they were only ifs. ] They are also somewhat tied to any tinkering with taxes.
It may be worth giving an inch as long as we don't pay for a mile. But that is dangerous if too many hope to have their cake and eat it too.
No comments:
Post a Comment