Debate – Are The Rich Taxed Enough?
Robert Reich and Mark Zandi debate Glenn Hubbard and Arthur Laffer on the topic: The Rich Are Taxed Enough – How do we fix the economy? The U.S. government’s budget deficit is nearing a trillion dollars for the fourth straight year and unemployment remains high. With the Bush-era tax cuts that are set to expire at the end of 2012, what is the best move for continued economic recovery?