Opinions are 10 a penny. In the spin-driven, PR-controlled world of the 21st century, hard facts are rare indeed.
If had a penny for every strange look I’ve gotten from strangers on the street I’d have about 10 to 15 dollars, which is a lot when you’re dealing with pennies.
No one making less than $250,000 under Barack Obama’s plan will see one single penny of their tax raised, whether it’s their capital gains tax, their income tax, investment tax, any tax.
And here’s the fact: the fact is it doesn’t solve the problem. First of all, if you taxed these people at 100 percent, basically next year you said, ‘Look, every penny you make next year the government’s going to take it from you,’ it still doesn’t solve the debt.
