You Might As Well Double Down

By February 15, 2008Taxation

An update on political wagering at Intrade:

Haven’t placed your bets on Intrade yet? Here’s one reason to bet on higher taxes.

Democrat Barack Obama said this week that as president he would spend $210 billion in tax payer dollars to create jobs in construction and environmental industries. “Obama explained that the money for his spending proposals will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.”

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