Forget Iraq, Rangel Starts Tax War
According to The Politico, House Ways and Means Committee Chairman Charles B. Rangel had one message for the tax world: Rest up now, because next week a two-front war will begin.
Rangel said on Wednesday that he’ll introduce not just one, but two, major tax proposals. It’s a political power play by the New York Democrat, who aspires to completely revamp the entire tax code over the next two years.
One thing is for sure: Rangel isn’t waiting around. On Wednesday, he said he has gotten assurances from both Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny H. Hoyer (D-Md.) that “his slot is reserved for this year.” The chairman said he was leaning toward bringing the bill up for a vote next year but left open the possibility that — if the momentum is there — the bill could come this year.
I want to know, after so many Republican wrought Congressional failures under their belts this year, why would Democrats want to be dealt yet another one with this stupid tax war?
Rangel said on Wednesday that he’ll introduce not just one, but two, major tax proposals. It’s a political power play by the New York Democrat, who aspires to completely revamp the entire tax code over the next two years.
One thing is for sure: Rangel isn’t waiting around. On Wednesday, he said he has gotten assurances from both Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny H. Hoyer (D-Md.) that “his slot is reserved for this year.” The chairman said he was leaning toward bringing the bill up for a vote next year but left open the possibility that — if the momentum is there — the bill could come this year.
I want to know, after so many Republican wrought Congressional failures under their belts this year, why would Democrats want to be dealt yet another one with this stupid tax war?
Labels: Politics
posted by the MoJo at 7:56 AM
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