The Coming Tax War: How Letting the Bush Tax Cuts Expire Could End the Economic Crisis

Friday 13 August 2010

by: Anthony DiMaggio, t r u t h o u t | Op-Ed

The Democrats appear to be sitting on a golden ticket when it comes to ending the economic crisis. Furthermore, the solution to this country's economic woes wouldn't require them to do a thing, short of allowing the Bush tax cuts to expire (as required by law) and appropriating the money for renewed stimulus and in aiding states to cover their budget deficits. Whether the party has the courage to resist Republican and conservative dogmas framing tax cuts as the solution to the crisis remains to be seen.