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View Diary: Conservative pundit explains why Republicans are screwed on taxes (137 comments)

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  •  A "deduction cap" isn't a new idea (0+ / 0-)

    I don't recall when it began, but until it "phased out" in 2009, itemized deductions were limited based on adjusted gross income.

    It was generally a pretty small limitation, but the concept was there.

    http://en.wikipedia.org/...

    We must drive the special interests out of politics.… There can be no effective control of corporations while their political activity remains. To put an end to it will neither be a short not an easy task, but it can be done. -- Teddy Roosevelt

    by NoMoJoe on Tue Nov 13, 2012 at 10:00:00 AM PST

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