Friday, February 27, 2009

Tricky, Tricky Mr. Obama

Today the Obama administration let loose two big exploratory ideas in a first (but surely not the last!) nervous attempt to wring more revenues out of a distressed economy.

Idea 1: Use the revenues generated by cap and trade to pay for health care tax credits for lower-income people.

Idea 2: Disallow about 25% of itemized deductions for upper income taxpayers.
What do these ideas have in common?
First, they are very sneaky.

Tricky, Tricky Mr. Obama

Sphere: Related Content

No comments: