Is Defending Tax Competition Akin to “Trading with the Enemy”?
Former Sen. Carl Levin accused CATO economist
Former Sen. Carl Levin accused CATO economist
The Detroit bankruptcy is the inevitable byproduct of liberalism and, if the GOP had half a brain, they would be plastering this message all over national television. Detroit filed for the largest municipal bankruptcy in U.S. history Thursday after steep population and tax base declines sent it plummeting toward insolvency.
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Senator Rand Paul (R-KY) said it was offensive that Senator Carl Levin (D-MI) called in the leaders of a company that is trying to do right by its shareholders. He said:
