Wednesday, June 29, 2011

Hidden GOP Tax Hikes

"GOP sees defense cuts as path to compromise " by June 27, 2011

WASHINGTON — In listening sessions with their rank and file, House Republican leaders said they have found a surprising willingness to consider defense cuts that would have been unthinkable five years ago....

The GOP has not been entirely closed to tax changes, according to people in both parties. They mentioned a proposal to adjust the way business inventory is taxed, which could generate as much as $70 billion over the next decade, as one potential area of compromise.

Another $60 billion could be generated by wiping out subsidies for ethanol blenders.  

That I agree with, and let's stop burning food for fuel over a crock of lies with all the hungry people on the planet, huh?

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