Sunday, July 15, 2012

The Last Thing This Economy Needs Is Tax Hikes

David Harsanyi, Reason
Is there a "fairness" factory somewhere out in Middle America producing self-sustaining jobs? If not, President Barack Obama's obsession with ending Bush-era tax cuts makes no sense as either policy or politics.To begin with, Obama -- and nearly all media coverage of the decade-old tax cuts -- continues to discuss the "cost" of tax cuts as if Washington had first dibs on your money. Is the president arguing that the base line of spending includes all wealth and that anything the Internal Revenue Service doesn't take is something we have to "pay" for? If...

Source: http://www.realclearpolitics.com/articles/2012/07/12/tax_hike_would_accomplish_nothing_114776.html

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