When George W. Bush not only won reelection in 2004, but saw his republican majority in the senate padded to fifty-five, I started daydreaming about the possibilities.
While he went the direction of reforming social security, a necessary venture for which he pushed the good idea to return some control to taxpayers, my mind drifted toward tax reform.
He’d cut them right out of the gate, and then again in 2003. Though he campaigned on dropping the top marginal rate from almost 40% to 33%, the legislative sausage-making process spit out 35%.
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