A recent article posted on the left leaning MSNBC noted higher taxation is probably not a good idea. It concludes by stating "Veteran tax lobbyist Ken Kies, the former chief of staff of the Joint Congressional Committee on Taxation, said, “If in January or February we’re in a serious recession, and a world-wide recession, most people will think that is not a good time to increase taxes on individuals,” as Obama wants to do for upper-income people."
http://www.msnbc.msn.com/id/25839495/page/2/
Need I say more - absolutely NOT.
1 comment:
Dems don't believe in supply side economics. Although institution of the Laffer Curve works and has been proven to work, the dems will deny it does with their last breath. The more money the people are allowed to keep, the more the economy is stimulated. The opposite is true also the less we have the less we will spend......basics, and yet they just don't get it do they?
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