It's been a while since taxes were a potent political issue. It was almost 20 years ago that George H.W. Bush invited voters to "read my lips" and a baker's dozen years since Republicans captured Congress by decrying the Clinton tax increases. George W. Bush did promise to cut taxes, but it didn't help him much in 2000, and the ensuing economic recovery didn't help him much in 2004.

But taxes could be an issue in 2008, as the federal tax structure is poised to change in the n ...

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