The American Spectator

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Meanwhile, if a candidate or President Bush wants to do something serious to reform corporate taxes, the real answer was provided by George Will in a column the other day: Eliminate corporate income taxes entirely. (More on that in another column.)

Instead, the Bush administration seems intent on Nixonesque attempts to use fiscal policy to somehow, some way push off a recession until after this Fall's elections. Not only will its efforts amount merely to an attempt to dump the problems into its successor's lap, but it will almost assuredly be an attempt in vain. Stagflation could make its ugly face obvious as early as this summer.

And nothing, nothing at all, would do more to assure an Obama or Clinton victory in the Fall, with horribly liberal policies on economics, defense, and judges sure to follow.

topics:
Taxes, Economics, Energy