Pirate
2009-01-17 19:22:43
“The idea that our tax rates will be reduced to near zero, like the fed funds interest rate, is ridiculous.”
What makes it ridiculous? You’re magically going to start arguing for tax increases after the recession is over? No, you aren’t, and when the next recession comes along you’re just going to bring up the same points on needing to lower taxes.
Tax policy should not be looked at in terms of economic stimulus. In fact, doing so is a hell of a lot more Keynesian than you think.
