Thursday, February 9, 2012

Mathematical Impossibilities

You have to admit that Democrats are sometimes clever. Having constructed an income tax system where half of Americans pay no income tax, they then demand that any reform of the tax code not disproportionately affect lower income earners -- i.e. those that are not paying any income tax today.  It's mathematically impossible to devise a tax reform without that group of people paying more (i.e. something) in tax.

But there is another impossibility that they refuse to confront. It is also mathematically impossible to have any semblance of  budget balance unless you either a) drastically reduce spending or b) increase taxes on those paying little or nothing now. There are simply not enough Rich People to sustain the massive federal spending machine. There aren't in Greece. There aren't in the rest of Europe. And there aren't even in the United States.

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