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Friday, October 07, 2005
Tax Reform to Take Spotlight From SS Overhaul
President Bush recently acknowledged what he called a "diminished appetite" among lawmakers for taking up social security reform. Many are now arguing that attention could swing from addressing social security concerns to addressing tax reform proposals.
The President's Advisory Panel on Tax Reform will be submitting their recommendations to the Treasury on November 1, allowing for the Treasury to work the recommendations into proposals that Bush can launch in the January 2006 State of the Union address. The tax panel is supposed to be figuring out how to make the tax code, simpler, fairer, and more pro-growth. The impacts they will actually have though, are still unknown.
The tax panel will be holding two meetings this month in Washington, D.C., which are open to the public. On October 11 they will be meeting at 10:00 in the Renaissance Hotel (999 Ninth St., NW) and on October 18 they will be meeting at 9:00 in the Ronald Reagan Building (1300 Pennsylvania Ave).
Posted by Becky Lewis
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