“Some Advice for the GOP”

Greg Mankiw argues and I agree with him 100%:

My advice: Amend your line in the sand to NO INCREASES IN TAX RATES.:  Be willing to give up on tax expenditures if we simultaneously make current tax rates permanent–or, better yet, if we: lower rates, as the Bowles-Simpson commission suggested.

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

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