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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.

    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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