Editorial Board: Trillions in tax cuts
http://dervishcom.blogspot.com/2012/01/editorial-board-trillions-in-tax-cuts.html
THE REPUBLICAN presidential candidates claim to abhor debt, yet propose tax cuts that would add trillions more.
Yes, trillions.
The case for continuing the George W. Bush tax cuts, at a cost of $3.7 trillion over 10 years (including interest), is shaky enough. The cuts for the wealthy alone, which President Obama would end, would cost with interest about $1 trillion over the next decade. But the GOP candidates want to continue all those cuts — and add many more, the vast bulk of which would again go to the wealthiest taxpayers.
Read full article >>Karen Tumulty, Philip Rucker 30 Jan, 2012
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Source: http://feeds.washingtonpost.com/click.phdo?i=b08d8c2042b8e204f25acd325a1cf1bc
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