Don't look now, but our friends in Congress aren't done messing with your livelihood just yet.
The Senate Finance Committee – led by Montana Democrat Max Baucus – drafted and shipped out a staff report late last month, called, simply, "Economic Security," detailing various tax reform options. The report is a flotilla of trial balloons just waiting to run in the headwinds of hyper-partisanship. You can read it for yourself here.
So what's one way to reform the tax code in this country, while tacking a still-ballooning federal budget deficit? Why, get rid of those pesky tax deductions – or expenditures as they're perceived by the stiffs in D.C.
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