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Higher Taxes on the Rich Mean Higher Taxes on the Rest of Us

SpaceVegetable Wrote: Oct 30, 2012 8:35 PM
The Democrats seem incapable of realizing that the deficit and spending problems are at least an order of magnitude greater than any potential tax revenue they can gain from "the rich". And that doesn't even factor in the inevitable "Hey, we have more revenue! Now we can start more wasteful programs and fund more pork for my district." Liberals seem to be incapable of doing basic math.

President Obama repeatedly assures us that he only wants higher taxes on the rich as part of his class-warfare agenda.

But I don’t trust him. In part because he’s a politician, but also because there aren’t enough rich people to finance big government (not to mention that the rich easily can alter their financial affairs to avoid higher tax rates).

Honest leftists are beginning to admit that their real target is the middle class. Here are a few examples.

  • The New York Times 
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