Raise taxes now — the elders of the economy say so

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — First it was Greenspan. Now one by one, other elders of the economy are speaking out against deficits, and they’re making the surprising argument for higher taxes.

Former Federal Reserve chairman Alan Greenspan was first and has taken the most extreme position, arguing that all of the Bush tax cuts of 2001 and 2003 should be allowed to expire.

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