TIME Magazine reporter Mike Allen writes in this week's edition that any significant tax reform attempts are likely to be postponed until at least 2007. Allen says: Bush aides tell TIME that the President is likely to postpone any big push for comprehensive tax reform--which looked like it would be a centerpiece of next year's agenda--until '07 or '08. In the meantime, he will probably start small by mentioning the issue in the State of the Union and other addresses next year. With his Social Security overhaul proposals thoroughly defeated and tax reform postponed, Bush's two main policy objectives for his second term seem to have one foot in the grave. If Republicans in Congress keep in lock-step however, he should be able to pass a few more tax cuts or the wealthy before his time in the White House is done. TIME Magazine: Tax Reform: A Balk?