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U.S. News: Is Obama Moving to the Right on Taxes?

In today’s U.S. News & World Report:  Obama 2.0: Candidate Starts His Hard Move to the Center, by James Pethokoukis

[N]ow that he has the nomination, [Obama] seems to be moving to the right. First with the hiring of economist Jason Furman and now with this interview [with the Wall Street Journal], where he talks about cutting corporate taxes, eliminating capital gains on start-up companies, and rebating money raised from selling carbon emission permits. Lots of buzz words but few details. Here he is on cutting corporate taxes, something he never mentioned in all those many debates with Hillary Clinton: "On the corporate side, for example, one of the things I’ve asked my folks to look at is: Are there ways we can close existing loopholes in tax havens at the same time as we’re lowering overall rates?…We’re going to have to, I think, revisit that."

For recent commentary on the McCain and Obama tax plans, see:


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