Huffpost Business

Austan Goolsbee Trashes GOP Tax Plan Using White Board (VIDEO)

Posted: Updated:

Austan Goolsbee, the new chairman of the White House's Council of Economic Advisers, is the star of a new video which outlines the administration's view on the increasingly contentious tax cut debate. In the first edition of the "White House White Board," Goolsbee borrows a page from the graphical presentation styles of NPR and even, it seems, from Glenn Beck.

From Goolsbee's presentation:

"Obama's [tax plan] would preserve a couple thousand dollars per year for virtually all Americans. And even for people who make a lot they get to keep the tax cut on the first $250,000 of their income. Under the Republican plan however, people making over $1 million per year are going to be getting a tax cut of more than $100,000. That's expensive..."

On the White House's blog, Jesse Lee added this talking point: "We simply can't afford to give the wealthiest Americans these big tax cuts that would add to our deficit and, according to the non-partisan Congressional Budget Office, be just about the least effective way to grow our economy and help create jobs."

WATCH the video:

Around the Web

Austan Goolsbee - Wikipedia, the free encyclopedia

Austan Goolsbee

White House White Board: CEA Chair Austan Goolsbee Explains the ...

Staff Director and Chief Economist Austan Goolsbee | The White House

Goolsbee Takes a Turn at the White Board to Explain Tax Cuts

Goolsbee Says Cutting US Unemployment Will Take Time, Effort

Goolsbee's lesson