Thursday, October 13, 2005

Panel urges tax breaks (October 13, 2005)

Panel urges tax breaks (October 13, 2005): "Panel urges tax breaks

THE ASSOCIATED PRESS
WASHINGTON - A presidential panel says tax breaks that promote homeownership and encourage businesses to give workers health insurance should be changed to help more middle-income families.

''Clearly, under present law, the higher-income folks benefit the most from those two aspects of the tax code,'' former Sen. Connie Mack, chairman of the President's Advisory Panel on Federal Tax Reform, said Tuesday.

Decisions on specific changes to recommend could be made next week as the nine-member panel wraps up its work, Mack said."

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