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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (254293)6/16/2008 11:16:23 AM
From: LindyBill  Read Replies (2) of 793754
 
Will miracles never cease! I emailed the NYT reporter about the linked story, and got an answer. He evades my comment and lists another answer. Since Newsbusters picked this up, I am sure he cought a lot of flak. First time I have had a NYT reporter answer.

"Some question" Shame on your editors for letting you get away with this kind of unsourced nonsense! Bill Millan - Waikiki

nytimes.com

Dear Mr. Millan: I hope you will not take offense if I suggest that you go back and take another look at the story in question. There you will find the following declaration, made by an analyst whose views on the subject of taxes are antithetical to those of Sen. Obama:

“The way the Congressional Budget Office scores it, that would not be a tax increase, because their baseline assumes the increase is going to happen as part of current law,” said Chris Edwards, a tax analyst at the libertarian Cato Institute. “Bush and the Republicans would have liked the cuts to be permanent, but you need 60 votes in the Senate to make cuts permanent.”

Among economists not affiliated with either of the campaigns, many, if not most, endorse this argument. They maintain, and the CBO agrees in its own calcualtions, that allowing temporary tax cuts to expire as scheduled under law is not the same thing as actively favoring a tax increase, which would require additional legislation. In other words, regardless of whether Mr. McCain or Mr. Obama wins, the 2001 and 2003 tax cuts will expire, and taxes will rise for some groups, at the end of 2010 unless the president succeeds in persuading Congress to take further action."

Thank you for writing. Larry Rohter
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