Tuesday, February 03, 2009
Smart Republicans
This title might sound like the worst oxymoron, but the Republicans in congress may be temporarily brilliant in their proposal to lower the tax rates for the lowest earning workers from 10 to 5% and for those in the next highest bracket from 15 to 10%. The dems hate the idea and can be expected to avoid this because they know that at some time in the next couple of years they will still be in the majority and in order for them to continue spending madly on their interest groups, it will be necessary to raise these rates and there is no way they can portray such a move as taxing the rich as is their usual mantra. Will be fun to watch them squirm as they shoot this idea down.