Do taxes go up no matter who wins the election?

Arthur Laffer is the author of The End of Prosperity: How Higher Taxes Will Doom the Economy—If We Let It Happen. He is the father of Reagan-era supply side economics. When interviewed by Kirk Shinkle in U.S. News & World Report (October 27, 2008), Laffer said:

"I think they're [taxes] going a lot higher ... I don't see how they avoid massive tax increases ... And if you're going to try to raise revenue, you've got to do it on broadbased taxes that hit low-income people as well - sales taxes, income taxes, payroll taxes ... It's not as though Obama is bad and McCain is good. They still don't get pro-growth policies."

The time is now to strategically plan to reduce your taxes and stop wasting money on taxes you’re not required to pay.