The Senate has come back to a full-throated debate about the comparative benefits of the tax policies of George W. Bush and Barack Obama. I want to take a few minutes today to point out that I think that debate misses the point because either of those tax approaches--of George W. Bush or President Obama--in my view would anchor our country to an insanely complicated, job-killing, thoroughly discredited tax system. I think what is important is that the Senate begin work moving toward a tax system that can create, as I put up here and will walk the Senate through, at least 2 million new jobs per year. The fact is, in this discussion comparing the George W. Bush policies and the policies of President Obama, one side may end up winning, the other side goes away unhappy, but under either approach the taxpayers of this country will lose, will continue to lose as a consequence of this flawed and discredited tax system.
Editor's note · Context
Senator Wyden discusses the shortcomings of tax policies from both George W. Bush and Barack Obama.
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