In January of 2011, President George W. Bush’s tax cuts will expire. Economists are predicting that allowing these cuts to expire could trigger a second recession, “for an administration, that for political reasons would want a vibrant economy,” said successful businessman Steve Forbes “letting the Bush tax cuts expire would be a dampener on the economy.”
But what if we kept them all in place?
“If [the Obama Administration] announced that they were going to keep those tax cuts in you would see the market go up 1500 points in a day,” said Forbes.
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