>If you’re like me, there’s nothing more relaxing than chilling in front of the LCD with a cold beer and reading 27 pages of congressional testimony about tax policy. Awww yeah.
He proposes massive simplification of the income tax code, and a VAT (value added tax) tied to the growth in health care costs.
Haven’t read it yet, need to get my beer.
Beer in hand. It’s a “Shock Top”, one of the many spiced belgian-style white ales out there. This one’s by Anheuser-Busch, but others are Leinenkugel or Magic Hat Number 9. It’s my favorite beer style for now until I get tired of it and go to super hoppy IPAs. But the blog isn’t about beer, it’s about tax for today.
Best quote so far, a little tax humor:
It seems unlikely that Congress will simply let the tax cuts expire as scheduled. For one thing, the potential behavioral responses to the one-year estate tax holiday are too ghoulish to contemplate.