Monday, September 22, 2008

Obama economics also seen as risky bet

Obama's refundable tax credits are phased out as incomes rise, so his proposal amounts to, as my American Enterprise Institute colleagues Alex Brill and Alan Viard have written, “marginal rate hikes in disguise” on those with incomes as low as $27,000. - So much for looking out for the little guy or gal.

read more | digg story

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