December 8, 2010

The Payroll Tax Cut Will Hurt The Economy.

“The payroll tax cut will hurt the economy as the lost revenue will simply be borrowed instead. The additional borrowing to finance larger deficits will hurt the economy more then the offsetting benefit of lower taxes.”

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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