In response to:

Prophets and Losses: Part II

codgerelle Wrote: Feb 06, 2013 8:35 AM
To listen to the collectivists tell it, the only reason their cherished systems haven't worked before is because the systems were run by morally inferior beings. Never mind that it was the very thought of running a system that denied individual rights that made them morally inferior, not the other way around.
samplin Wrote: Feb 06, 2013 8:55 AM
And the bozos inside the beltway are morally superior? Think: Menendez, Rangel, Dodd, Frank, Hiliary and BO. Yeah right.
Eleanor32 Wrote: Feb 06, 2013 10:30 AM
BO. Isn't that the name of the Obama dog? Yes, I know who you are talking about -- but just pointing out....!!

Editor's Note: This column is part II in a series. Part I can be found here.

People on both sides of tax issues often speak of such things as a "$300 billion tax increase" or a "$500 billion tax decrease." That is fine if they are looking back at something that has already happened. But it can be sheer nonsense if they are talking about a proposed increase or decrease in the tax rate.

The government can only raise or lower the tax rate. Whether the actual tax revenues that the government will collect as a result will go up or...