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Economist says now is not the time to raise taxes on business or rich

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A leading economist says it's no time to raise business taxes.

That's what Barry Asmus of the National Center for Policy Analysis told 750 people in Madison at the annual Business Day sponsored by the Wisconsin Manufacturers and Commerce group.

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Asmus said the best way to restore the economy is to let people keep the fruits of their labors and that means not raising taxes on corporations or the rich.

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