An Irresponsible Tax Policy

McCain wants to make the Bush tax cuts permanent, eliminate the alternative minimum tax, and reduce the tax rate on corporate profits. The non-partisan Tax Policy Center says this would reduce money coming into the treasury by more than 5 trillion dollars over 10 years.

So how is McCain going to fill the gap? Paul Krugman wants to know. Voters love to know their taxes will be lowered. But even Bush 41 couldn’t keep his “no new taxes” pledge.

By: Alan

Alan Colmes is the publisher of Liberaland.