The tax committee is airing out the proposal before the House later this week. "This card has been held close to our vest during the writing process, but I guess its time to run it up the flagpole and see who salutes it."
Getting the bill passed will be an uphill battle or at best a toss-up. Many representatives feel that the 800 pound gorilla in the room is the government itself. "These guys are barking up the wrong tree, it's like the coffee calling the kettle black i.e. we are an institution filled to the brim with acronyms," Representative Dean Mahoney commented, "We should regroup and focus on the R&D work the D.O.D has been doing on reversing the money doesn't grow on trees theory."
The legislature may want to let the dust settle as outside response has everyone shaking in their boots and trying to get a tongue-lashing in edgewise. Several top dogs at companies are madder than wet hens. "Hold your horses," GE spokesman Richard Fentenworth said, "these guys aren't playing with a full deck. The only thing they nailed was another nail in the coffin of Capitalism. I mean this could just be the tip of the iceberg, before we know it there'll be taxes on everything but the kitchen sink. If we give them this inch they'll take a mile."
A fortuitous response considering the title of the other followup proposal they've been kicking around, "A penny for your thoughts and a dollar for every wish".
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