Thursday, January 5, 2012
Mark Levin Defends Preferential Taxation as "Savvy"
I just listened to Mark Levin defend Santorum's 0% corporate tax, only for manufacturers as being "savvy". He likes it as a way to attract Reagan democrats, and as a campaign line versus Obama.
Taxation like that is simply a giant subsidy, paid for by the rest of corporations being at 17.5%, because Santorum and Levin believe manufacturing to be somehow more important than other businesses. Because they've done poorly here? And who will define what is manufacturing? Is that not creating a field ripe for even more bureaucracy and corruption?
I think it's a terrible idea, and it's based on electoral politics, not economics. My opinion used to be that Mark Levin alone understood those things, more so than Rush or Hannity. Back to radio silence.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment