The Washington Post’s Chris Cilizza writes in today’s column President Obama’s plans to talk about his debt reduction plan in a few states. The plan has incited debate on what the best actions are in terms of taxes, since Obama’s plan does not include the Bush tax cuts. Cilizza turned to The WG’s David Winston for an explanation as to why Obama will lose on the tax debate:
“People believe increasing taxes hurts economic growth,” said Winston.
Winston added that when the tax debate heats up over the coming months, several facts — the U.S. corporate tax is the highest in the world and ending the Bush tax cuts on those earning $250,000 and above would impact 894,000 small businesses to name two — that aren’t widely known by the public will help Republicans ultimately win the tax debate.
To read the full article, turn to washingtonpost.com