Tuesday, November 14, 2006
Rubin to Dems: Raise taxes now
"A mere two days after Democrats capture Congress claiming they wouldn't raise taxes, former Treasury Secretary Robert Rubin tells them they should do so anyway," the Wall Street Journal reports.
"'You cannot solve the nation's fiscal problems without increased revenues,' declared Mr. Rubin, the Democratic Party's leading economic spokesman, in a speech last Thursday. He also took a crack at economic forecasting by noting that 'I think if you were to increase taxes right now, you would have probably about zero negative effect on the economy.'"
Zero negative effect on the economy?! It's going to be a long two years ...
"'You cannot solve the nation's fiscal problems without increased revenues,' declared Mr. Rubin, the Democratic Party's leading economic spokesman, in a speech last Thursday. He also took a crack at economic forecasting by noting that 'I think if you were to increase taxes right now, you would have probably about zero negative effect on the economy.'"
Zero negative effect on the economy?! It's going to be a long two years ...
# posted by Joltin' Django @ Tuesday, November 14, 2006 
