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Beltway Confidential

Now is not the time to raise taxes

By Bruce Thompson
Published
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Now is not the time to raise taxes

The economic recovery is stalling. The jobs report was well below expectations, consumer confidence is falling, and Wall Street is revising the outlook for economic growth downward. Goldman Sachs forecasts “a harder path ahead.”

Now is not the time to raise taxes. Now is not the time to borrow more money from the future.

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