Idiots… In… Power!

Changes in tax code should be revenue-neutral. Just like with the Massachusetts income-tax repeal, which has been described as “public policy arson”, we’ve got a similar situation at the national level. Congress, under pressure from the prez, is shooting itself in the foot. Yes, the AMT needs to be fixed. But it needs to be fixed in a revenue neutral manner, and instead Congress has just said it’s going to pile up some more damn debt.

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