Economy to Remain Sluggish As Taxes Increase
CBO blames the rising tax on, read my lips...new taxes, new fees and new penalties. Also to blame are the current or scheduled expiration of tax cuts. This is, of course, bad news for taxpayers and the economy itself, as Congress attempts to tax and spend its way out of the mess. It seems that anyone with money will duck for cover, in order to weather the storm.
Sick of this yet? Isn't the definition of insanity: doing the same things repeatedly and expecting different results? Economies are never stimulated by regulation and taxation.
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