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The Daily Dish - 2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

Paying For The War, Ctd

By The Daily Dish
Dec 3 2009, 8:48 AM ET

McArdle modifies the war tax proposal:

Contractionary fiscal policy is not a sound plan when unemployment is up over 10%, and looks set to grow even further.  So if you're going to do a war surtax, you want to delay it a little.  Make it take effect in 2011, and sunset a year after the last troops are withdrawn.  (Or fall below some reference level; we don't want to keep a "war tax" because we've got 20 military advisers still in country.)



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