“Majority of economists are opposed to the higher taxes @TimKaine & his allies in Washington are calling for…
In fact, as the Christian Science Monitor explains, “Some three-quarters of economists who do forecasting for the private sector say tax revenue should rise as part of efforts to tame unsustainable budget deficits.” In contrast, just “19 percent said tax reform should be done in a “revenue-neutral” way, and 5 percent said reforms should reduce tax revenues.”
That’s right, only 5 percent of economists in the National Association for Business Economics (NABE)survey believe that tax reform should reduce tax revenues. And, of course, as poll after poll has shown, Americans by large majorities favor a “balanced approach” to dealing with the deficit, one that combines spending cuts AND revenue increases (most Americans favor raising taxes on the wealthy).
So where’s George Allen coming from on this? Basically, it’s a combination of two things: 1) ignorance; and 2) blind right-wing ideology. Other than that, it’s certainly not based on any empirical evidence, factual information, or connection to that funny place known as “the real world.” Of course, this IS the same guy who thinks everything in life can be boiled down to a football metaphor, so we’re not exactly dealing with the world’s greatest intellect here…
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