Goolsbee vs. Holtz-Eakin: When Advisers Attack!

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Huh,
Obama has already indicated that his intended goals are 0 sum. You up the taxes on the rich (250k +) by 5% and you can lower it on the masses by 5% and guess what they are both getting taxed about the same percentage out of their earnings and we are back at the same point.
This whole Republican trickle down lie is quite the joke. Think about it from a logical stand point. If I Mr. Normal American are unable to buy a brand new HD TV because I am broke due to excessive taxes and non-existent wage growth the money is not going to trickle back up-hill.
The rich don't get rich by trickle the money downhill they get rich but sucking off the bottom. Or in other words they are Bottom Feeders.

TimL of 3:15PM October 22, 2008

I find it interesting, based on your points, that Goolsbee does not address how higher taxes will lead to economic growth. In fact, Goolsbee does not even address how his boss' proposal to increase taxes will make the income distribution in this country more equitable.

Chris of AZ 10:56AM July 24, 2008