Notable quotable

Barney Frank on why tax cuts can’t do it all 2

“I never saw a tax cut fix a bridge. I never saw a tax cut give us more public transportation. The fact is, we need a mix.”

Rep. Barney Frank (D-Mass.), chair of the House Financial Services Committee, refuting arguments from Republicans that the economic stimulus bill should be scrapped in favor of their tax-cut-heavy alternative

Kate Sheppard is Grist’s political reporter.

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  1. Erik Hoffner's avatar

    Erik Hoffner Posted 6:26 am
    02 Feb 2009

    Good oneThat's a great way of putting it. Though a tax cut can give us wind turbines and solar stations,  infrastructure has got to be in there. Little things, like water treatment plants.
    Erik

    The Orion Grassroots Network: supporting grassroots groups working for conservation, justice, & more

  2. Pompey Road Posted 6:29 am
    02 Feb 2009

    Proportion:We need a mix for tax cuts on the working and middle class and infrastructure projects. Bill Clinton must have had the tax mix about right. We had good economic times and he left George Bush a budget surplus. A that would have translated into over 5 billion dollars in 2008. If Bush had waited until 08 to give the tax cuts to the rich for luxury item spending he may have had more success in fixing the economic crisis.
    A good mix for taxes would be a return to the Bill Clinton tax era.  It's not a tax raise as the upper 1% is calling it. It is just returning to a fair economy growing tax schedule. Trickle down has failed we don't need to make anymore excuses and go back to a tax mix that will work.



    The eons of time and nature was good to us down here. It was not until we become civilized that destroying our habitat become fathomable or fashionable.

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