Posted on 29 November 2012.
Larry Kudlow, Investor’s Business Daily
Once again, President Obama dodged the key fiscal-cliff issues at a campaign rally/press conference Wednesday morning. Campaign-style, he argued that the middle-class tax cuts (below $ 250,000) must be renewed in order to prevent a $ 2,200 average tax hike from hitting middle-class folks. He added that a middle-class tax hike would cost consumers $ 200 billion in spending power.OK, fine. But no one wants to raise middle-class taxes. That's not the issue. And even if those numbers are right, they dodge one of the key points in the dialogue between President Obama and House Speaker John…
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