Rudy unveils a tax plan. Pethokoukis:
One big problem is that budgeteers surely would crunch the numbers and claim the plan would result in $2 trillion to $3 trillion in lost government revenue. Such "static scoring" that does not take into account the economic growth impact of lower taxes may well be bunk. But a big tax cut should probably be accompanied by a big spending cut plan or a plan to reduce entitlement spending. I think the electorate is in a pretty skeptical mood these days.
Kudlowgasm imminent.
This article available online at:
http://www.theatlantic.com/daily-dish/archive/2008/01/more-tax-cuts/221481/
