Is the Repeal of Federal Deductibility In Doubt?
- Wednesday, April 8, 2009, 9:18
- Krusty Konservative
- 643 views
- 6 comments
Over this past weekend ,we were told that Democrats in the legislature and Governor Culver had come to an agreement of the repeal of federal deductibility. It’s now mid-week and legislative Republicans know very little about the plan, and the people of Iowa are totally in the dark.
We are told that the compromise plan would lower all tax rates or increase the standard deduction for every taxpayer. What has me concerned is that when the Democrats rolled out their original proposal they claimed that it was revenue neutral and taxpayers in the lowest tax brackets would receive a tax cut. The media took the Democrats at their words and proclaimed the bill as revenue neutral. They were wrong.
When I heard that legislative Democrats and Governor Culver had come to an agreement, I thought that maybe this new plan would not increase taxes on hard working Iowans. But after Culver’s flip-flop on gay marriage, I’m not too confident that he will uphold his no taxes pledge.
I think it is very telling that we have not seen the details of the new federal deductibility proposal yet, or even know when it will be debated. I’ve been told that there is a good possibility that the Democrats will not bring the bill up for debate this week. That means there isn’t a compromise between the legislators and Governor Culver. It also probably means that a big chunk of taxpayers will see a huge tax increase under the Democrats’ new plan.
After Culver’s flip-flop on gay marriage yesterday, I’m not going to pretend to have a clue what is going on in his mind. If I had to guess, my bet is that Culver was forced by his staff, Attorney General Tom Miller, and Lt. Governor Patti Judge not to interfere with the Court’s decision on gay marriage. On a side note, am I the only one who read that statement and thought there was no way culver would say those words? That statement was very calculated, and seemed forced to me, very un-Culver like.
Anyway, so now that Chet was forced to side with the Court, he is probably adamant that he can’t raise taxes. A flip-flop on gay marriage and taxes in one year would be devastating, and Culver knows it. So while legislative Democrats thought they had an agreement on Friday night, his decision on gay marriage might have turned over the apple cart on the repeal of federal deductibility.
Don’t worry about Chet though, I’m told he seeking the council of Bill Knapp over some nice cold beer at Fleming’s in West Des Moines.
About the Author
Krusty Konservative has written 284 stories on this site.
Herschel Krustofski is the pseudonym for the anonymous author of Krusty Konservative, a blog which focuses on Iowa Politics. Created in February of 2006, Krusty Konservative is the undisputed heavyweight champion of the Iowa blogosphere. Since its conception, Krusty Konservative has never shied from tackling controversial issues, and providing insight to the inner workings of Republican politics in Iowa.
6 Comments on “Is the Repeal of Federal Deductibility In Doubt?”
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The Kowardly Konservative strikes again!
Who needs facts or accountability when you have slander and anonymity.
Again… enjoy your time in the minority. It’s going to be a while before you get to sit at the adult’s table again.
Golly, steverino. I thought that the Des Moines Register had the franchise for unwarranted journalistic anonymity, lack of accountability and slander in Iowa. By the way, hasn’t their reporter on the gay marriage issue announced his engagement to his boyfriend? Looks like the Register’s objectivity is seriously questionable as well. Of course, that’s not new is it, stevie?
Still waiting for someone to explain to me how being sexually attracted to dudes makes you unable to be unbiased. If you grew up on a farm, obviously you can’t write about agriculture. If you’re black, civil rights is out as a beat. If you breathe air you can’t write about pollution. If you go to the bathroom, well you can’t write about sewer projects.
It all makes sense. Good job, GOP!
steve, no one here cares that you are attracted to men
And yet not a word out of you Steve about this issue..just more crap. Perhaps your should change your name to Steve Feces.. It seems more appropriate.
Why dont you explain why the Democrats haven’t been able to even put a BILL on federal deductability on the table for examination? The Democrats have been hiding behind closed doors..desperately trying to find a way to hide their true intentions of raising taxes.
Gronstal told people last week that the Legislature was going to adjourn by Easter…now..this bill isnt even going to be debated until next week.
The Democrats are in disarray…they havent been able to pass any meaningful legislation that their union masters wanted them to do..and they’re going to leave town here with a massive budget deficit…
Nice job…..
Oh, NICK RYAN (oh, I mean Krusty)
You are as sad and pathetic as ever.