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$3.9 million tax battle in U.S. Tax Court
Popular, and costly, tax breaks that could be trimmed to help reduce the deficit

'Animal Farm' tax philosophy

Some words of, er, wisdom(?) from Texas Rep. Jeb Hensarling:

"It's always a net positive to let taxpayers keep more of what they earn, but not all tax relief is created equal for the purposes of helping to get the economy moving again."

Animal_Farm_Orwell Or, as Going Concern noted, All Tax Cuts Are Good But Some Are Gooder Than Others.

Remember, Hensarling is the House Republican co-chair of the Joint Select Committee on Deficit Reduction, aka the Super Congress or super committee.

Hensarling and his Senate Democrat counterpart Patty Murray of Washington issued a joint statement last week announcing that they and the other 10 committee members have been holding "serious discussions" about how the committee will work.

Hmmm. I wonder if the bipartisan group also has been having a book club meeting, just to get a handle on possible Orwellian tax policy.

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