Sunday April 19, 2009
The Need to Tax the Wealthy
Dean Baker
The Economist
The quest to increase taxes on the wealthy is not a gratuitous attack on upper income households; it is driven by the need to raise more revenue to run the government.
While many deficit hawks been irresponsible in raising fears of an impending collapse of the American government, the projected deficits for years following the recovery are in fact larger than is desirable.
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Posted in: by bubblejam at 06:54 AM | Comments (0) | Email This Entry