The Tax Foundation

October 15, 2008

Tax Foundation's Robert Carroll, Ph.D., Interviewed by Boston Globe for Analysis on the Costs of the Presidential Candidates? Economic Plans

"Obama, McCain Pitching Costly Economic Proposals"

By Sasha Issenberg and Michael Kranish

Robert Carroll, vice president for economic policy at the nonpartisan Tax Foundation, said the plans seemed to be modest efforts to attract voters. He said it would make more sense to see whether the $700 billion financial system bailout—approved by Congress this month with the votes of both Obama and McCain—works before trying to enact costly new proposals. "The candidates seem to be reacting to the current economic difficulties with a sort of haphazard and not well thought out new tax ideas," Carroll said.

[Read the full article here.]