The Last Thing Americans Need is a Tax Hike

Reuters columnist James Pethokoukis has a new piece, Why the GOP Shouldn’t Go Wobbly on Taxes.  Mr. Pethokoukis – who writes about economic issues – lists three good reasons why tax increases should not be part of any budget deal. 

1.       The last thing the economy needs is a tax hike.

2.       Tax revenue isn’t the problem. Spending is.

3.       The key to boosting tax revenue is faster economic growth.

Read the whole thing.  Lots of good stats in there.

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