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10 Jan 2008 01:20 pm

More Tax Cuts!

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Rudy unveils a tax plan. Pethokoukis:

One big problem is that budgeteers surely would crunch the numbers and claim the plan would result in $2 trillion to $3 trillion in lost government revenue. Such "static scoring" that does not take into account the economic growth impact of lower taxes may well be bunk. But a big tax cut should probably be accompanied by a big spending cut plan or a plan to reduce entitlement spending. I think the electorate is in a pretty skeptical mood these days.

Kudlowgasm imminent.

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