Friday, December 17, 2010

So what's all this bickering over taxes really about?

Washington Post columnist Steven Pearlstein tries to explain why Democrats and Republicans disagree on tax policy:

"There may be some truth to the Republican belief that lowering taxes overall is a good way to boost economic growth or contain the size of government. However, that would apply just as well to cuts in corporate and payroll taxes or additional income tax cuts for the middle class. Yet you don't see Republicans drawing lines in the sand over those. What's so magical about the estate tax or the top marginal income tax rate?"

Read the entire column to find out the answer to this question. My personal take on it is both the Left and the Right have gotten themselves so wired up for a fight that they have forgotten the basic difference between fact and opinion.

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