09.12.10 Chris Van Hollen Backs Bush Tax Cuts for the Rich
Bloomberg News is reporting that Rep. Chris Van Hollen (D-MoCo/PG) is open to a deal with the GOP that would extend Bush tax cuts for the wealthy. Not only are these giveaways to the rich horrific in terms of economic justice, they are also terrible economic policy: they worsen the deficit without providing any economic stimulous. This is because the wealthy are much less likely to spend the extra money than the poor or middle class would be.
I urge all Van Hollen constituents to contact the congressman and express outrage over his comments.
Given this news, which came out yesterday, I am withdrawing my endorsement of Van Hollen and encouraging a write-in vote for Mickey Mouse instead. See my updated voter guide.
©2010 Keith BernerEconomics, Maryland, Politics
Tags: Chris Van HollenYou can comment below, or link to this permanent URL from your own site.