There has been a lot of talk in Washington recently about “job-killing tax increases.” Raising taxes, the argument goes, would lead businesses to hire fewer workers and stifle our already weak economic recovery. But I haven’t heard anyone talking about “job-killing spending cuts.” In macroeconomic terms, tax increases and spending cuts have qualitatively the same [...]
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Part of President Obama's push to create more jobs revolves around cutting payroll taxes by 2% and extending unemployment benefits, giving people more money to spend and businesses an incentive to hire more workers... Read Post
WASHINGTON -- Calling the U.S. recovery tepid, the International Monetary Fund warned that failure to halt the tax increases and big budget cuts set to hit next year could stifle the weak growth and damage "an already fragile world ... Read Post
There has been a lot of talk in Washington recently about “job-killing tax increases.” Raising taxes, the argument goes, would lead businesses to hire fewer workers and stifle our already weak economic recovery. But I haven’t heard ... Read Post