Tuesday, December 1, 2009

War Bonds


Moderate senators haven't really taken to the "war tax" idea that was floated last week, but now some say we should have "war bonds" instead, like in World War II.

I suppose that would be preferable to the status quo, but this depends on people actually buying the bonds. Also, is this really any different than the bonds the Chinese buy all the time?

Why is actually raising the revenue through a modest tax increase on the wealthy such a crazy idea?

No comments:

Post a Comment