Tax Tea Party Time, Part Two

Forbes by Bruce Bartlett | Apr. 16, 2009 (Opinion)

many protesters implicitly assume that that the deficit has increased solely as a result of Barack Obama's policies. But in fact, the Congressional Budget Office was projecting a deficit of more than $1 trillion this year back in January, before any of Obama's policies had been enacted, and a cumulative deficit of $4.3 trillion through 2019. (CBO made no assumptions about what his policies might be in making its projection.) Full Story »

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Derek Hawkins
4.2
 by Derek Hawkins - Apr. 17, 2009

This is a calm, responsible, cut-and-dry look at how Americans are taxed and whether some citizens' outrage is ill-placed. The author eschews partisan talk of taxes, and uses factual data to show that taxes are not, in fact, unusually high in this country.

I strongly suspect that many of those that loudly denounced the Obama stimulus package for its impact on the deficit would have cheered the McCain stimulus package even though it would have increased the deficit by about the same amount.

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Derek's Rating

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4.2

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4.0
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4.0
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4.0
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4.0
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4.0
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4.0
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4.0
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5.0
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3.0
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