Q: We are seeing a lot of proposals to revamp the tax system. Obama has a plan and Rommey has a plan. Which one do you think would be better for the average person?
A: Tax reform plans are popping up all over, like Robins
showing up in the spring, but don't get too excited. If you think about it this is just election
posturing. It takes more than just the
president to change the tax code.
Legislation must first start with the House Ways and Means Committee and
then make it all the way through Congress before it hits the president’s
desk. Sure the president has some power
to influence but that is about all. Because
of this I don't get too excited about election promises.
We are watching and will keep you posted.
