meanwhile I'll try to find another way of telling you guys that you will not be taken seriously posting the I hate Obama stuff you post, instead of calling you clowns. Sorry if I hurt your feelings.
d: This will hurt small businesses! I remember when credit card interest, car loans and other loans were allowed to be deducted on your personal tax filing every April. I don't recall why the IRS stopped allowing this, but it must have a bonanza for the credit card companies since they soon raised their rates. There were many articles in magazines advising people to pay their credit card charges in total every month to avoid paying the higher interest rates. This was all well and good advice, unless you had recently bought high ticket items during a home renovation! The same lack of deductions is not good news for small businesses, if they are currently using credit cards to pay their bills, IMO.
A grand bargain? For whom? The corporations? How 'bout we start by eliminating deductions and exemptions for the 66% of American corporations and 68% of foreign corporations which have no tax liability under the existing code.