 |
| Larry Kudlow |
Will higher tax penalties on investment really spur jobs and faster economic growth? Most commentators would say no. It’s really a matter of economic common sense. But Tim Geithner says, Yes! Speaking to a group in Washington this week, the Treasury secretary said that extending tax cuts for the wealthiest Americans would imperil the fragile economic recovery. He argued that government needs the revenues from those top-end tax hikes. So failure to raise taxes would harm growth. And then he went on to say that the trouble with the wealthy is that they save more of their tax breaks than do other groups. Okay. Are you confused now? Most people would be. Read more here:
Posts
1 comments:
Kudlow is right. Geithner is a political pawn of the Obama administration. Why do I say Geithner is a political pawn? It's almost impossible to believe that a former investment guy is that stupid.
Post a Comment