A Bridge Too Far: President's Tax Proposals Take Us in the Wrong Direction
by Gary Robbins, Aldona Robbins on 04/09/1997
12 Pages
Synopsis:
In his fiscal year 1998 budget, President Clinton has proposed a hodgepodge of targeted tax credits, tax deductions, tax cuts and tax increases. Problem is, the tax credits, tax deductions, and tax cuts have "sunset" provisions, meaning that if balanced budget goals are not achieved, they will expire in 2001. But--you guessed it--the tax increases go on indefinitely. There's no "sunset" for them if the budget balances.
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