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Fwd: [FAIRTAX_DD] WYDEN, GREGG INTRODUCE 'BIPARTISAN TAX FAIRNESS AND SIMPLIFICATION ACT OF 2010'

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  • Jim Bennett
    ... From: Philip Hinson [mailto:plh001@yahoo.com] Sent: Monday, March 1, 2010 01:48 PM To: FairTax District Directors Cc: Georgia FairTax , FL FairTax ,
    Message 1 of 1 , Mar 1, 2010
       
      -----Original Message-----
      From: Philip Hinson [mailto:plh001@...]
      Sent: Monday, March 1, 2010 01:48 PM
      To: 'FairTax District Directors'
      Cc: 'Georgia FairTax', 'FL FairTax', 'SC FairTax', 'NC FairTax', 'AL FairTax',
      'Mississippi FairTax'
      Subject: [FAIRTAX_DD] WYDEN, GREGG INTRODUCE 'BIPARTISAN TAX FAIRNESS AND SIMPLIFICATION ACT OF 2010'

       
      http://gregg. senate.gov/ news/press/ release/? id=17a33d25- df43-44cc- b336-85cf0cd523f 1

      Washington, D.C. - As Congress readies for the inevitable partisan debate over how best to address the expiring 2001 and 2003 tax cuts, U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH) today offered a bipartisan solution.  The "Bipartisan Tax Fairness and Simplification Act of 2010" takes a comprehensive approach to reforming the tangled web of nearly 10,000 exemptions, deductions, credits and other preferences that currently clutter the U.S. tax code in order to create a simpler and fairer system that American workers and businesses can more easily navigate.  By eliminating many of the tax expenditures that benefit narrow special interests, Wyden-Gregg offers fiscally responsible tax-relief to the middle class and growth opportunities for American businesses to create jobs and compete globally.

      [Exerpt]


       

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