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Raise taxes on the rich: not Whether, but how

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Last week, the Senate rejected a proposal by both Democrats and Republicans to pay for an extension of 2 per cent payroll tax cut while enacted years ago. The Democratic plan to finance with 3.25 percent surtax on millionaires gather significantly more votes than Republican plans to cut the number of federal employment and salary freeze federal workers.

Perspective of expert contributors.

This time last year the Republic insists that there is no evidence that they stimulate the economy.

Say they are now worried about the impact of the payroll tax cut in the deficit and the lack of the effect of making the Republic sounds very stimulative like Captain Renault in "Casablanca", when he said he was not surprised to find gambling going on when he handed over his winnings.


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