Wednesday, July 13, 2011

Why Taxes Will Rise in the End - David Leonhardt - NYTimes.com

Never say never. The problem with "No new taxes. Read my lips" pledges. - GWC
Why Taxes Will Rise in the End - David Leonhardt - NYTimes.com:
"Free lunchism is ultimately the problem with the no-new-taxes pledge that so many politicians have adopted. A refusal to raise taxes, no matter how principled, cannot take us back to the good old days. It would instead lead to a very different American society. For taxes to remain where they are, Washington would need to end Medicare as we know it, end Social Security as we know it, severely shrink the military — or do some combination of the above."

No comments:

Post a Comment