As  the debate over the national tax policy begins to take center stage  yet again, observers have noted that there will be more cases of  lawmakers breaking ranks within their own party over the issue in the  coming months, following the lead of several notable republicans, in  the shape of former House Speaker Newt Gingrich, Minnesota Governor  Tim Pawlenty and former Arkansas Governor Mike Huckabee in the recent  President Obama Tax Deal proposal.

The  primary goal for everyone concerned remains the same, and that is to  reduce the Federal budget deficit, but a number of other issues have  repeatedly threatened to take control of the debate. One issue that  could  derailed any potential compromise was the extension of  former President Bush tax credits, which, despite costing the  government a total of $850 billion dollars in the next decade, is  seen as imperative in preventing the possibility of a double-dip  recession. The concession by the Democrats in this instance was  reciprocated by the Republicans in the Obama's Tax Deal.

We  look forward to more bipartisan compromises in future, as we have  seen over the years how ideological differences have seen  consistently landed the country with the second or third best tax  solutions, instead of the most worthy ones.

 

• I think taxes are a necessary evil if people want services such as roads, libraries,local and federal government protection and other amenities.

• I believe that the tax code should be simplified.is seriously in need of overhaul for the sake of the economy.

• High property taxes discourage people from improving their property.