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Old 2008-10-20, 18:41   Link #3910
cors8
Kuu-chan is hungry
 
 
Join Date: Apr 2007
Location: Raleigh, NC
Quote:
Originally Posted by Aquillion View Post
It's important to note that Obama's so-called "tax increase" on the rich is just allowing the Bush tax cuts to expire. That's all.

The Bush tax cuts were a bad idea. Everyone knows it now. Even McCain opposed them way back when. There are times when cutting taxes can help the economy in the short term, sure, but taxes under Clinton were already extremely low (among the lowest in the civilized world); cutting taxes at every single opportunity is not a viable economic policy.
I remember when McCain used to say how stupid it was to lower taxes in a time of war...
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