Tax breaks: Where big money is
February 5th, 2013
08:12 AM ET
10 years ago

Tax breaks: Where big money is

New York (CNNMoney) - If Congress and President Obama are ever going to get serious about tax reform, they will have to rethink some of the biggest and most popular tax breaks.

It won't be easy.


Filed under: Taxes
soundoff (7 Responses)
  1. Harvey

    If one were strictly speaking of a tax code which raised revenue for the running of the government only, it would be relatively simple. Our tax code, however, is also used as a reward and punishment system. It has its tentacles threaded through social engineering. It is a political tool for winning and/or osing votes. Therefore, when one speaks of 'fixing' it, it becomes more than a concern for dollars and cents but, instead, who winners and losers will be and how different groups will be impacted, which desired behaviors may be reduced and which behaviors hoped would be reduced may be rewarded. So, to read 'Tax breaks' is rather humorous. What about our tax system really gives anyone a break?

    February 5, 2013 08:31 am at 8:31 am |
  2. Jill

    Only time yuo hear about 'tax breaks' is when someone wants to take MORE. LOL

    February 5, 2013 08:32 am at 8:32 am |
  3. Ancient Texan

    Exactly what ROmney was proposing and the administration ridiculed the idea with venom.

    February 5, 2013 09:27 am at 9:27 am |
  4. Name lynn

    What about the tax break is it a good thing or bad thing, is the tax break helping the people or hurting the people.

    February 5, 2013 09:35 am at 9:35 am |
  5. Gurgyl

    Tax breaks to middle class. Everything is possible if you stick your butts to work.

    February 5, 2013 09:37 am at 9:37 am |
  6. LibParrots

    The IRS should immediately stop collection of taxes and relieve any Amercian citizens of their debt if we are going to continue supporting illegals and drafting an amnesty plan. Simply put, it is theft by the government that is clearly not of the people. Outrageous!

    February 5, 2013 09:47 am at 9:47 am |
  7. Phyllis G Williams

    How can you think of laying off 46,000 temporary workers to cause such suffering when there are billions of dollars
    in other areas?

    February 5, 2013 10:16 am at 10:16 am |