December 31, 2012

Mark Steyn is guest-hosting for Rush today… On the futility of tax hikes on “the rich” as a means of solving our economic problems…

There are never going to be enough rich people, even if you raise taxes on all the 1%, to close the deficit. It's the spending. At some point, if you want big government and European-style spending, you're going to have to have European-style taxation. There's no discussion of this anywhere in the fiscal cliff negotiations.

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