Here's something interesting from the NYT...
News Analysis
Tax Cuts May Prove Better for Politicians Than for Economy
http://www.nytimes.com/2010/09/11/business/economy/11tax.html?ref=politics
Is it any real surprise that Conservatives would back a failed economic policy just so their rich corporate masters would be happy?
Let those onerous, economy-killing tax cuts end, Mr. Obama.
News Analysis
Tax Cuts May Prove Better for Politicians Than for Economy
The nonpartisan Congressional Budget Office this year analyzed the short-term effects of 11 policy options and found that extending the tax cuts would be the least effective way to spur the economy and reduce unemployment. [] The report added that tax cuts for high earners would have the smallest “bang for the buck,” because wealthy Americans were more likely to save their money than spend it.
The office gave higher marks to the proposal, now embraced by President Obama, to allow small businesses to write off 100 percent of their investment costs.
http://www.nytimes.com/2010/09/11/business/economy/11tax.html?ref=politics
Is it any real surprise that Conservatives would back a failed economic policy just so their rich corporate masters would be happy?
Let those onerous, economy-killing tax cuts end, Mr. Obama.