Coburn?s cuts target special tax benefits
3:28 AM | Author: Inhiptwit36

Editor?s note: Sen. Tom Coburn (R-Okla.) released a plan in July that he said would achieve $9�trillion in deficit savings over the next decade. We review parts of the proposal.

In a break from many of his fellow Republicans in Congress, Sen. Tom Coburn wants to do away with some special tax benefits, a move he claims would save more than $1 trillion over 10 years.

Coburn describes what he and others call tax expenditures as ?little more than corporate welfare, designed to compensate for our country?s high tax rate.?

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Source: http://feeds.washingtonpost.com/click.phdo?i=3c3ca4ff0fb2d9db8ce777341579907a

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