Tax Reform: A Balk?

The President will likely postpone any major changes to the tax code

President Bush may have drawn cheers at campaign rallies last year by calling the federal income tax code "a complicated mess" and promising to make its "million pages" simpler and fairer. But H&R Block can breathe easy for another season. Bush aides tell TIME that the President is likely to postpone any big push for comprehensive tax reform--which looked like it would be a centerpiece of next year's agenda--until '07 or '08. In the meantime, he will probably start small by mentioning the issue in the State of the Union and other addresses next year. Tax reform tested poorly with a...

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