Thursday, December 13, 2012

Rein In The Rich: How Higher Taxes Could Lift The Economy | The New Republic

Rein In The Rich: How Higher Taxes Could Lift The Economy | The New Republic
"But bringing down the deficit should not be the principal objective right now. What’s important is to continue the recovery from the Great Recession and to take measures to prevent future crises. Supply-siders were right about one thing: the best way to reduce the government deficit is to create economic growth. Obama’s proposal to raise taxes on the wealthy and to transfer those revenues to workers and the unemployed isn’t just the fair thing to do; it is exactly what’s right for the economy."