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Article: Plans to crack the U.S. tax code; the Bush administration believes it has found a hot-button issue that it can hammer home in the 2004 elections -- reform of the convoluted U.S. tax code. (Nation: tax reform).(George W. Bush)
- Article from:
- Insight on the News
- Article date:
- April 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 News World Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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While politicians and pundits jockey for position in the 2002 elections, administration officials and congressional leaders dedicated to scrapping the gargantuan U.S. tax code in favor of a simpler system are angling to return the issue to national prominence in time for the 2004 race for the White House.
Like every other Washington Beltway initiative, ambitious tax measures have taken a backseat to the war on terrorism. The economic slowdown, the return of budget deficits and the forthcoming departure of reformers, including Reps. Dick Armey (R-Texas) and Steve Largent (R-Okla.) and Sen. Phil Gramm (R-Texas), all converged to dampen enthusiasm for fundamental ...