Why Aren’t the Democrats Keynesian on Taxes?
Here we go again. Asking the question: Should we raise tax rates or lower rates to close the deficit?
The President and many a Democrat think raising tax rates is the way to go. They stand behind their belief that government funding can drive the economy and cite John Maynard Keynes as their patron saint. They want to raise taxes to pay for economic “stimulation.”
But what if Keynes agreed with Republican on lower taxes?