http://nafonline.net/blog/topics/tax-cuts The taxonomy view with a depth of 0. en http://nafonline.net/blog/21st-century-taxation/2008/wanting-your-cake-and-eating-it-too-2150 <p>On August 9, 2007, President Bush noted that he'd be ok with reducing corporate income taxes and simplifying the tax law. On that same day, he signed H.R. 2272 - America COMPETES Act and called for Congress to finish the work and make the R&amp;D tax credit permanent.</p> <p>He is not alone in this tendency to call for simplification and lower rates, while also calling for new tax breaks. In his remarks about corporate tax rates he observed that &quot;it's much easier to get something in the code than get it out of the code.&quot; A very true statement!</p> <p><a href="http://www.whitehouse.gov/news/releases/2007/08/20070809-1.html">http://www.whitehouse.gov/news/releases/2007/08/20070809-1.html</a></p> <p><a href="http://www.whitehouse.gov/news/releases/2007/08/20070809-6.html">http://www.whitehouse.gov/news/releases/2007/08/20070809-6.html</a></p> <p>So, how do we simplify when we also want to use the tax law to solve all kinds of problems from health insurance to encouraging innovation?</p> <p>Comments?</p> <p><i>This post was originally published at <a href="http://21stcenturytaxation.blogspot.com">http://21stcenturytaxation.blogspot.com</a>.</i></p> http://nafonline.net/blog/21st-century-taxation/2008/wanting-your-cake-and-eating-it-too-2150#comments 21st Century Taxation Corporate Tax Reform Tax Breaks Tax Cuts Tax Policy Sat, 18 Aug 2007 01:00:00 -0400 Annette Nellen 2150 at http://nafonline.net/blog