Wednesday, April 7, 2004

AHH... THE POWER OF INCUMBENCY

Treasury Looks Into Kerry Tax Analysis
Tue Apr 6, 7:50 PM ET

WASHINGTON (Reuters) - The U.S. Treasury's inspector general is conducting an inquiry into the propriety of having civil servants analyze tax proposals resembling those of Democratic presidential candidate John Kerry (news - web sites), a spokesman said on Tuesday.
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The analysis focused on the potential impact of a tax plan that rolls back tax reductions for taxpayers earning more than $200,000 annually -- the centerpiece of Kerry's proposal.

The analysis said their impact would be to boost taxes over the next decade by hundreds of billions of dollars. (full article)

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