The apparent first casualty is a big one: a proposal to limit tax deductions for the wealthiest 1.2 percent of taxpayers. Mr. Obama says the plan would produce $318 billion over the next decade as a down payment for overhauling health care.
But the chairmen of the House and Senate tax-writing committees, Senator Max Baucus of Montana and Representative Charles B. Rangel of New York, have objected to the proposal, citing a potential drop in tax-deductible gifts to charities. This is more of the people who do not want to see change. i cant understand why some people love to fail, love to see people suffer, what can a person get out of that. everything is good till the shoe is on the other foot.
But the chairmen of the House and Senate tax-writing committees, Senator Max Baucus of Montana and Representative Charles B. Rangel of New York, have objected to the proposal, citing a potential drop in tax-deductible gifts to charities. This is more of the people who do not want to see change. i cant understand why some people love to fail, love to see people suffer, what can a person get out of that. everything is good till the shoe is on the other foot.
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