Re: The Treasury/Taxes Guessing Game Continues

by Andrew C. McCarthy

So Obama says his announced plan is the best medicine, but what he will do is consider waiting to implement it.  Larry, tell me if I’m wrong but isn’t that a stark demonstration that even he knows his plan is precisely the wrong medicine?  I mean, if upper-end tax increases are the way to go, if — as the president-elect maintains – economies are grown from the bottom up, what conceivable reason could there be to shrink from getting on with the urgent business of “redistributive change” and “economic justice”?

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