Open Thread

February 28th, 2009 10:12 AM

For general discussion and debate. Possible talking point: Has Obama declared war on investors, entrepreneurs, and businesses?

Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years.

Is Larry Kudlow right?