Wednesday, November 28, 2012

The Hubris of Sen. McConnell | National Catholic Reporter

The Hubris of Sen. McConnell | National Catholic Reporter by MSW.  MGB: Romney's proposal could be construed as not quite different from Bowles-Simpson, provided you let dividend and capital gains rates go up to a "consolidated rate, " however I question whether you can make the whole thing work without adding some kind of consumption tax, as the Bipartisan Policy Center suggests.  That may be one of those things to be done later.  Considering it is one of those taxes that is hard on the majority, one would think that the GOP would be in favor of it for electoral advantage.

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