TRAP DOOR IS SET

http://www.taxreformpanel.gov/
10/25/2005 Tax Reform Panel Conference Call Tax Reform Panel Conference Call Today the Panel on Federal Tax Reform announced that the public teleconference call previously scheduled for Thursday, October 27th, will take place on Monday, October 31st.

Monday's Conference Call The President's Advisory Panel on Federal Tax Reform has canceled Monday's conference call.


Tax Commission to Recommend Major Changes
http://www.inc.com/criticalnews/articles/200510/tax.html
A tax advisory panel plans to recommend limits in deductions, including those from employer-paid health insurance.

By: Kevin Ohannessian
Oct. 13--The President's advisory panel on federal tax reform is scheduled to report its findings to the President on November 1st. Among the panel’s expected recommendations are an end to the controversial Alternative Minimum Tax, a limit on health insurance deductions, and caps on mortgage interest deductions.

THAT IS TODAY!!!! brudda's!!! same day as FED meeting!!! WHO indeed will be watching , who will tell us if ANY DRAMATIC changes wil be suggested, and can they pass it?

DEM'S would LOVE to see caps on home mortgage int deductions, as MOST of their constituents don't own $M houses.

TRAP DOOR is set, change in backruptcy laws, doubling of minimum credit card payments, increase in mortage debt, increases in property taxes, increases in energy costs, 70% OWN HOMES and would be adversely effected by any tax code change limiting deductions. (GEE wish you would have told me!)