Under the new Democrat Economic plan, the earners under $250,000 of the tax cuts would also expire in 1 year. Democrats have no intention of improving the economy, by the measure of their own economist. It’s just a slower decline.
The Macroeconomic Effects of Tax Changes
By Christina D. Romer and David H. Romer
http://emlab.berkeley.edu/users/dromer/papers/RomerandRomerAERJune2010.pdf
“tax increase of 1% of GDP lowers real GDP by almost 3%”
And the possibility Republicans don’t win all, to include 60 Senate seats, means ‘Starve the Beast 2.0’ is next. We should all be more confident in we know what we are doing even after the election.
this woman sounds like the sad sack ‘hornets’ or whatever on this thread