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2/2/10

Econ 101 for Speaker Carroll? Or just kindergarten lesson?

Colorado House Speaker Terrance Carroll's rhetoric that equated business people opposing tax hikes to "special-interest cronies" of the GOP was called out today by Chuck Plunkett of The Denver Post as "silly class warfare."

Econ 101: Higher taxes on businesses will eventually be paid by consumers (i.e., all of us). Kindergarten lesson: sticks and stones may break some bones but name calling won't create jobs!

"I've got good people," said Mark Hamouz of Lonco Inc. in Denver, speaking at a recent statehouse rally opposing a dozen proposed tax hikes. "We're down to cutting the bone anymore to some of our employees. We'd hate to take the next step if we don't have to."



http://www.youtube.com/watch?v=1-HZ0Gt4RuM


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