Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Forbes on Tax Bill: Quit Whining, You GOP Babies

Evoking a little Jack Nicholson, Steve Forbes told me the tax bill is "as good as you're going to get."

Steve Forbes
Tomas Hudcovic | isifa | Getty Images

If a tax increase had been allowed to take place in January—the alternative to extending the current tax policy — “the US economy would have taken a real hit,” Forbes told me as my guest host on Worldwide Exchange this morning.

“The fact that the Republicans got a reduction in the death tax from 55 percent to 35 percent I think made the deal even better,” he said, adding that, “I’m a little surprised that some Republicans are scoffing at it.”