Will Obama’s Stimulus Plan Work?
Folks on the left and the right of this issue discuss on CNBC…
Of course Kudlow and Toomey were going to argue for lower corporate tax rates, but we’ve seen how many taxes corporations pay (hint: not much). But individual people and smaller businesses need the tax cuts and ability to write off debt, not the monolithic companies that do massive hirings and massive firings.
Basically, what we need now is stability and Obama’s tax cuts seem designed to deliver just that.