Re: Refundable Tax Credits=Socialism?
by Ben Harris
I share in Howard Gleckman's astonishment over McCain's comparison of refundable tax credits to socialism. Those interested in tax policy might recall that Milton Friedman, the renowned economist credited by the Wall Street Journal as a "popularizer of free-market principles", advocated for refundable credits in the form of a negative income tax. This comparison is way off base. Ben Harris
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