A United Message On Tax Cuts And Economic Policy

At the heart of Barack Obama's economic proposals -- those that he has promised to deliver if he becomes President -- is the expiration of the Bush Tax Cuts. He promises to "restore fairness to the tax code", and provide middle class tax relief. While we can all applaud the objective of more tax relief, Obama plans on 'paying' for this by allowing the Bush Tax cuts to expire - a punitive measure against the 'rich'.Republicans, now that Lincoln Chafee is out of the Party, need a unified and strong message against such a stupid move. They were handed one earlier today in the form of an interview with the Nobel prize winning economist Robert Mundell in the Wall Street Journal: An Economist Who Matters.Mundell, Professor of Economics at Columbia University in New York, has served as an adviser to the United Nations, the IMF, the World Bank, the European Commission, several governments in Latin America and Europe, the Federal Reserve Board, the US Treasury and the Government of...(Read Full Post)