A Tax Plan To Please Everyone And No OneBy
For politicians, these are the worst of times. With elections just 10 months away, the economy is stagnant, voters are angry, and all the easy answers seem to have evaporated. Because the first instinct of lawmakers is to "do something," Congress and President Bush will return to Washington in late January with much-ballyhooed economic recovery plans. And by spring, they will likely agree on some sort of antirecession package. But the plan--built on a modest collection of tax cuts--will have a lot more to do with politics than economics.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf of Mexico Oil Spill May Be Largest Since BP Disaster
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing
- Billionaire Tom Barrack Throws Harvey Weinstein a Lifeline