Tuesday, June 07, 2011

Raising taxes on the rich lowers the government's revenues - Thomas Sowell - Washington Examiner

We could definitely use another Abraham Lincoln to emancipate us all from being slaves to words.

In the midst of a historic financial crisis of unprecedented government spending, and a national debt that outstrips even the debt accumulated by the reckless government spending of previous administrations, we are still enthralled by words and ignoring realities.

President Obama's constant talk about 'millionaires and billionaires' needing to pay higher taxes would be a bad joke, if the consequences were not so serious."

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