Tuesday, October 18, 2011

re:Truth Comes Out

I'm not sure I'm reading what you're reading.  The truth that comes out in that article is not that the plan is silly, but rather is a sound, economically beneficial plan.  The objections in this are purely political, not economic.

We're still waiting for the truth to come out about Romney's plan.  But that's probably because no one cares at this point because it is a largely unimaginative and does not fundamentally address the weaknesses and economic disincentives in the current code.  And so there's nothing to really talk about.  Like it or not, Cain has done the most to advance discussion about tax policy and its effect on the economy beyond the current regimen of targeted cuts and preferential treatment of favored businesses.

--dmac

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