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Bang for the buck, bust in the States. (Networks).(tax policy)(Brief Article)
American Prospect, The, February, 2002
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THE WHITE HOUSE WANTS another round of elite tax cuts masquerading as a $214-billion "stimulus" plan for the economy. Now, even the nonpartisan Congressional Budget Office (www.cbo.gov) has issued a report that undermines the bulk of the plan. For a good, reader-friendly summary of the CBO's debunking, check out the report of the Center on Budget and Policy Priorities (www.cbpp.org).
According to the center, certain tax breaks would actually energize the economy--but not the ones offered by the White House. Here's how the CBO ranks tax breaks according to their "bang ...
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