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Thread: Nonpartisan Tax Report Withdrawn After G.O.P. Protest

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    Nonpartisan Tax Report Withdrawn After G.O.P. Protest

    Looks like the Republican war on facts continues....

    WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economy theory, after Senate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


    Alex Wong/Getty Images

    Mitch McConnell, the Senate Republican leader, center, and other Republicans raised concerns with an economic report that questions a central tenet of conservative economic theory.


    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 Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.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.”
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

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    Re: Nonpartisan Tax Report Withdrawn After G.O.P. Protest

    There are so many "nonpartisan" tax studies and reports favoring both plans. At this point we need to go with our heart and see how it plays out. Reading conflicting reports is not going to get us anywhere.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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    Re: Nonpartisan Tax Report Withdrawn After G.O.P. Protest

    If they were confident in their study's conclusions, why'd they bow to conservative pressure?
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Nonpartisan Tax Report Withdrawn After G.O.P. Protest

    Quote Originally Posted by iacardsfan View Post
    There are so many "nonpartisan" tax studies and reports favoring both plans. At this point we need to go with our heart and see how it plays out. Reading conflicting reports is not going to get us anywhere.
    Except this is the congressional research service. That's the government service for congress.
    My Karma ran over your Dogma.

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

    To be honest I have no faith in our elected officials. They will stretch the truth any way to get personal agendas across. No matter how nonpartisan something claims to be, there is always bias.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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    Re: Nonpartisan Tax Report Withdrawn After G.O.P. Protest

    This is the whole right wing terror groups report all over again... pathetic.
    PeteEU

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