61. And that means fixing the tax system, liberalizing labor markets and, above all, cutting public borrowing and so bringing interest rates down. 62. And in a presidential election year, of course, talking about a marriage tax cut wins out over discussing the progressive tax system. 63. And one of the jobs of the tax system is to try to even things out a little. 64. And they view the Republican proposals for overhauling the tax system as nothing more than a tax break for the wealthy at the expense of the middle class. 65. And while this type of reform still is considered a long shot for becoming law, there is a consensus that our onerous tax system needs a major overhaul. 66. And they are talking about trying to wean themselves, at least partly, from the tax system. 67. Armey also would remove from the tax system the social and economic engineering that has been built into it. 68. Archer noted that last month Val Oveson, the IRS taxpayer advocate, urged repeal of the alternative minimum tax to simplify the tax system. 69. Archer, and other key GOP tax-writers, have already said they want to go further than Clinton has proposed and replace the existing U.S. tax system. 70. Argentina will likely have to change its tax system to qualify for a new loan from the International Monetary Fund, government officials said. |