Sunday, December 04, 2011

GOP Supercommittee Member Admits Bush Tax Cuts Didn't Create Jobs, Can't Explain Why

No wonder Governor Walker can't explain why his budget isn't working.

GOP Supercommittee Member Admits Bush Tax Cuts Didn't Create Jobs, Can't Explain Why | ThinkProgress
‎"As Center for American Progress Director of Tax and Budget Policy Michael Linden found, 'in the past 60 years, job growth has actually been greater in years when the top income tax rate was much higher than it is now. In fact, 'if you ranked each year since 1950 by overall job growth, the top five years would all boast marginal tax rates at 70 percent or higher.' The GOP, as Upton displays, simply has no explanation for these facts."




1 comment:

Helen Bushnell said...

Gee, maybe taxing rich people CREATES jobs.