Tuesday, June 10, 2008

Obama's Tax Plan Cuts for 95% of Workers

repeat after obama: my tax plan cuts taxes for 95% of workers. those who make more than $250k will be taxed more and maybe they won't be able to buy as much stuff as they usually do, but maybe those with the tax break will be able to afford more.

really, i can't find one decent argument, given the choice of a break for those who make less than $250 vs. a break for those who make more than $250k, the choice seems clear. increasing taxes on those who make more than $250k seems like the proper rebalance.