LA Times on the tax debate. It is favored by businesses and should help the economy. That said, there is no concurrent reduction in federal spending so we’re going to have to keep borrowing to fund the growing government, which is not good for the value of the dollar. That said, at least now there is the possibility that this capital that private investors/business owners/entrepreneurs/citizens get to keep in their pockets will go to value-generating endeavors that will pull us out of this economic morass.
-Billy Ray Valentine