Tax Cut Math
Posted by Michael Link on January 11, 2008 at 11:58 AM
Bondad over at the Huffington Post takes a look at Giuliani's tax cut claims at the debate, where he tried to claim that his cuts would pay for themselves.
But this is a case where we don't even have to look at the data to get a more honest answer. You see, Giuliani's top economic advisor recently said on Fox Business Network that the tax cuts wouldn't pay for themselves.
If you're wondering why he'd say that, it's because it's a fact hard to avoid. FactCheck.org declared that his rhetoric on this issue is something that "nearly all economists say is a fantasy."
Facts, apparently, won't stop Rudy.
Comments (3) «
Have you seen some of the cuts Arold Sw is trying to impose of California rather than do the responsible thing and raise taxes on the rich and multinational companies?
He's going to cut spending to schools, close state parks, cut back on lifeguards...
That's the Republican way...cut services, dumb down the next generation so they can only compete with illegal labor for low-end jobs, and ignore public saftey.
Who cares about American workers, their children, and the quality of their lives? The rich must protect their economic investements in foreign countries.
Globalization is nothing more than exploiting the lower clases...but we aren't allowed to talk about class warfare because that's admitting the greed and failures of the Republican Party.
Don't you think Sandy is right-on? The thing is that all of the Republicans know better than to believe Globalization is good for America but it is popular with the independents and some of the Democrats.
I heard Hillary say she would put in regulations to protect American jobs and give tax breaks for Companies staying in USA.
I believe in Hillary because I have heard everyone of her speeches and she really knows what to do, how to do it and a BIG, what not to do. She has studied other Presidents and how they got the things done that were good for America.
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