The Obama administration wants to whack companies with stiff new taxes, but the real victims are already suffering enough.(Fortune Magazine)—Sometimes what's politically irresistible is economically nonsensical, as we may soon be reminded. The Obama administration, desperate for revenue and spotting an easy target, is proposing three hefty tax increases on business. If the administration gets its way, the result will be bad news for all Americans. The first instance of dangerously mixing poli...
Published on September 21, 2009 18:04