Sunday, August 10, 2008

Raise taxes, or cut them? Two economists' views


Ben Stein says, "the unhappy fact is that it’s necessary to raise my taxes and the taxes of all upper-income Americans. (I do wish, however, that “upper income” started just a dollar above me.)"

Stein makes very interesting arguments and manages to do it without calling anyone evil or greedy. An example for us all.

Ah, but here's another economist, J.D. Foster, who didn't get the memo Ben Stein got. He's a Heritage Foundation guy. His view: "The Tax Relief Program Worked: Make the Tax Cuts Permanent."

Must be one of those guys who loves the super-rich.

Just goes to show that the old adage is true: If you took all the economists in the world and lined them up end to end, they still wouldn't come to a conclusion.

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