What The Elite Think About Tax Cuts

I have written before that WaPo columnist Ezra Klein is the go to go columnist for the Washington-Wall Street elite. More than one WalWash player has pointed me to Klein columns. In an otherwise boring Klein column, written yesterday,I found this gem:

If any time does not allow a substantial, permanent tax cut, this is it. Deficits are large, and stretch as far as they eye — or the economic model — can see.
These guys, the real elitists, just don't think in terms of government spending cuts.

To them, it's all about higher taxes that squeeze the middle class, and eventually get so onerous that they drive the youth away, just like what is occurring now in Greece and Spain. The Greek and Spanish youth that have any savvy are leaving the country.

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