The worst stimulus proposal thus far

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The Tax Policy Center on including an extension of the Alternative Minimum Tax patch in the stimulus bill:

Neither timely nor targeted; makes no sense as economic stimulus.

The Senate Finance Committee decided to include the AMT patch earlier this week. The proposal receives a grade of D-minus. The average grade looks to be about a C-plus. The whole report card is here.

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Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism. He was previously a fellow at The Atlantic and an editor at The Guardian. More

Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism, an economics blog that was recently published in book form by Simon and Schuster. He was previously a fellow at The Atlantic and an editor at The Guardian. He is also on Twitter.
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