All Commentary
Monday, December 29, 2008

Stimulus Will Involve Higher Taxes


“The president-elect also intends to follow through quickly on his promise for tax relief for most Americans, Mr. Axelrod said, … on ‘Meet the Press.’ As for repealing the Bush tax cut for the wealthiest Americans, he said that whether it was repealed early or allowed to expire as scheduled at the end of 2010, the tax cut would eventually disappear.” (New York Times, Monday)

Stimulus indeed.

FEE Timely Classic:
The World is Dying So Tax the Rich! It Just Ain’t So,” by James R. Otteson