Tag Archives: Tax Code Termination Act

debt ceiling Tax Reform

Grand Bargain, Plan B and the Magic Button

July 12, 2011 – 8:45 am

Right before a drunk driver slams into a light pole, he must think, “I wish I had more time.”  With just 10 seconds, he could stop the car, whip out his cell phone and call a cab.  If only he had a magic time warp button! Our drunken sailors in D.C. have the opposite problem: they read more »

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Tax Reform

Speaker Boehner Has Already Voted to Repeal the Tax Code

March 19, 2011 – 12:03 pm

In 1998, a Republican-controlled House passed the Tax Code Termination Act to sunset the IRS effective July 4, 2002.[1]  Future Speaker Boehner vote aye.[2]  Could lightning strike twice?  Gosh, it did in 2000.[3]  Too bad the world’s most deliberative body did not join in. At the time, then President Clinton argued, successfully, that terminating the read more »

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