New Round Of Tax Cuts

You know, for being a guy above partisan politics, supposedly, you got to admit that this is a pretty smooth move. The president is calling for tax breaks, for the ability to allow businesses to write off, or deduct any expenses on new plants or equipments, from their returns. Republicans are such tax cutters that you'd think they'd be on board, at the risk of being hammered for hypocrisy. You'd be wrong, of course. Unfortunately, there has been no specifics on how such cuts would be paid for, but there are several things under consideration. Among them are: targeted tax hikes on businesses, as well as closing loopholes. The idea is that this will cause investing, expanding, and, hopefully, an increase in jobs. Now, given the environment, they are not likely to pass until end of the midterms, and it will proably take Republicans brining them up in order for them to go anywhere.