TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Thursday, April 24, 2008

NY Times: Empty Talk on Taxes

Editorial in today's New York Times:  Empty Talk on Taxes:

One of the toughest questions that will face the next president is what to do about taxes. There can be no real progress on health care, rebuilding the military or any other major issue without dealing with rising budget deficits and mounting debt from nearly eight years of profligate spending and tax breaks for the wealthy.

And that is why it has been so distressing to see all three of the presidential hopefuls pretend they can make good on their promises without broadly raising taxes.

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