By John D. McKinnonIt looks like Congress will be talking a lot about revamping business tax rules in coming weeks. And talking, and talking. Sen. Max Baucus (AP Photo/The Independent Record, Dylan Brown)Senate Finance Committee Chairman Max Baucus (D., Mont.) said Tuesday that he plans an extensive series of hearings on modernizing the tax code this year. (The committee held a couple last year, too.) The Finance Committee’s hearings are likely to come on almost a weekly basis beginning in March, according to several people familiar with the situation. They could run throughout the current Congress. The House Ways and Means Committee also is looking to resume its tax-reform hearings next week, when Treasury Secretary Tim Geithner comes before the panel to defend the administration’s new budget plans. Ways and Means Chairman Dave Camp (R., Mich.) suggested he’ll be pushing the administration to broaden its focus to include small businesses as well as big corporations.All the discussion points to the fact that re-engineering the tax code will be long and difficult, and could spill into the next Congress. The problems aren’t so much partisan as practical. With the federal government running deep deficits, President Barack Obama wants to make sure business-tax changes don’t worsen the fiscal outlook. That means sacrificing a lot of current business-tax breaks to cover the budget cost of any new ones – always a politically painful process. Also, the inhospitable U.S. corporate tax code has caused many American businesses to organize themselves as small businesses, so they pay through the individual code instead. Coordinating the two sets of changes further complicates matters. “It’s a hard journey to get to corporate reform,Lacoste greece online,” said Clint Stretch, a principal at the Washington National Office of Deloitte Tax LLP. He compares the present moment to President Ronald Reagan’s call for a tax revamp in early 1984, which led ultimately to legislation more than two years later,Louis vuitton topanky, in 1986.By EditorMary Lu Carnevale reports on the presidential election.A new poll shows New York Sen. Hillary Clinton with a commanding lead in the Democratic presidential primary race in New Hampshire, and a fairly bunched Republican field led by former Massachusetts Gov. Mitt Romney. Marist College Institute for Public Opinion poll reports that Clinton leads with 41% of likely Democratic presidential primary voters with Sen. Barack Obama at 20%, former Sen. John Edwards at 11%, and all of the rest—Gov. Bill Richardson, Sen. Joe Biden, Rep. Dennis Kucinich, Sen. Chris Dodd, and former Sen. Mike Gravel – in the single digits.Among Republicans, Romney leads with 26% of likely voters in the New Hampshire primary, with former New York Mayor Rudy Giuliani at 20%, Sen. John McCain at 17% and former Sen. Fred Thompson (who hasn’t visited the state since he announced his candidacy last month on the Jay Leno show, skipping the state Republicans’ debate that night) at 10%. Trailing in single digits are former Gov. Mike Huckabee, Reps. Ron Paul, Duncan Hunter, Tom Tancredo, and Sen. Sam Brownback.The poll found – surprise, surprise – found that the big issues for Democrats are Iraq, health care, and the economy,lacoste obuvki, while Republicans say security from terrorism, the economy and the war in Iraq are top issues followed closely by illegal immigration.

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