BUSINESS
10/25/2010 05:12 am ET | Updated May 25, 2011

Why Bush Tax Cuts For The Rich Must Go: John Podesta, Robert Greenstein

Our leaders face the enormous challenge of navigating economic policy through a narrow channel. The president and Congress must provide near-term support for an economy still struggling to recover from a devastating recession, while simultaneously addressing longer-term structural budget deficits. Extending the middle-class tax cuts but permitting tax cuts for the wealthy to expire on schedule supports both goals.

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