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February 09, 2008

Your taxes

This article in the New York Times breaks down the issues that the next president will have to deal with regarding the tax system. None of the candidates have given us a complete picture of how they will balance the budget, and the problems are compounded by the coming Social Security and Medicare crisis. It seems like taxes used to be a big election issue back in the 80's, at least during the first election that I remember in 1988 ("read my lips, no new taxes"). But now we have some serious problems looming, and the only candidate who seems to be giving taxes a full platform is Mike Huckabee. (And his proposal of the fair tax would face a lot of obstacles in Washington.) We need someone who will balance the budget: Mike Bloomberg, where are you?

| By heiders | 10:23 AM

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