Nonpartisan Tax Report Withdrawn After G.O.P. Protest

[eridani]

http://www.nytimes.com/2012/11/02/business/questions-raised-on-withdrawal-of-congressional-research-services-report-on-tax-rates.html

The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

Mitch McConnell, the Senate Republican leader, center, and other Republicans raised concerns with an economic report that questions a central tenet of conservative economic theory.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.”

[dchill]

1. Saw that on Rachel...

The report can be read at maddowblog.com.

[Angry Dragon]

2. The Turtle should be investigated

hiding the truth from the American people ........ sounds like fraud

[WinYetLose]

3. The RW has been doing this for decades in Congress

they find ways to remove or block anything with any real meaning that will make an impact in improving things in America.

Who else remembers when the RW was able to pass laws and withhold funding for to prevent a study/analysis during the Clinton/Gore years about the impact of increasing CAFE standards. The study was completed but the GOP was able to keep it form even being read by many gov agencies and made it impossible to implement anything in the study.

People need to wake the f up and pay attention to what is really going on. what is seen on TV and the nonsense that is called news here in america is nothing but theater for the lemmings.