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geardaddy

(24,931 posts)
Fri Nov 2, 2012, 02:02 PM Nov 2012

Nonpartisan Tax Report Withdrawn After G.O.P. Protest

http://finance.yahoo.com/news/nonpartisan-tax-report-withdrawn-g-144808999.html

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

Waaaaah!
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Nonpartisan Tax Report Withdrawn After G.O.P. Protest (Original Post) geardaddy Nov 2012 OP
when all else fails.... mnmoderatedem Nov 2012 #1
What is their problem? geardaddy Nov 2012 #2
Who withdrew it? Rolling over is stupid and counter productive. TheKentuckian Nov 2012 #3
It looks like The Congressional Research Service office did. geardaddy Nov 2012 #4
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