Monday, October 22, 2007

Rangel working on Tax Cut?

Why haven't I heard of this? Go Charlie!

From Kudlow:

In recent news, Treasury man [Treasury Secretary Henry] Paulson has in fact taken a strong-dollar step with his proposal to slash corporate tax rates. The former Goldman head honcho is working with House Ways & Means chairman Charlie Rangel to reduce the 35 percent corporate tax rate all the way down to 25 percent. This is a terrific idea. Studies have shown that 70 percent of the benefits of a corporate tax cut would go to the American workforce, boosting jobs and wages.

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