Saturday, November 3, 2012

Eye Recommend --- Nonpartisan Tax Report Withdrawn After G.O.P. Protest

NONPARTISAN TAX REPORT WITHDRAWN AFTER G.O.P. PROTEST, by Jonathan Weisman --  "The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate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, (was) made....against the advice of the agency’s economic team leadership...

(The report) 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.'"

I want to say this is unbelievable, but nothing the Republicans do these days is outside the realm of possibility.  Even Congress' own research concludes that Romney's plan doesn't work!

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