Raising Taxes “Would Destroy” Recovery

Economic Perspective: Raising Taxes “Would Destroy” Recovery

By Rocky Vega

07/24/10 Alexandria, Virgina — Economist Diana Furchtgott-Roth, a Senior Fellow at The Hudson Institute and Former Chief of Staff of the President’s Council of Economic Advisers under George W. Bush, is interviewed on recent legislation making its way into law. Among other topics she discusses the…

* Unfairness of the new tax on gold coin and bullion transactions

* Potential consequences of tax increases and unemployment insurance expenses

* Ongoing problems with debt and deficit

See the video below with a perspective from Newsmax on how current policies are delaying recovery.

Rocky Vega

Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.