A couple sentences popped out of a correspondingly ridiculous
article in today's Wall Street Journal by Laura D'Andrea Tyson, a member of President Obama's Economic Recovery Advisory Board.
"...the president proposes to limit the deductions ... to 28% [while paying a tax rate of 39.6%]... Some critics claim this is class warfare. But why should a family in a higher tax bracket get a bigger break on expenses than a middle-class family?"
I realize that some of my posts are overly concise. But on this, does anything more need to be said?
A couple sentences popped out of a correspondingly ridiculous article in today's Wall Street Journal by Laura D'Andrea Tyson, a member of President Obama's Economic Recovery Advisory Board.
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The other interesting thing I saw was the immediate disclaimer thrown out, which we all know to be true:
ReplyDelete"The real risk lies in the possibility that the economy's recovery starts later and is much weaker than the economic assumptions in the budget."