Sunday, February 27, 2011

Tax the Rich

http://www.jsonline.com/news/opinion/116955013.html

The author asks for a temporary tax increase to solve the current budget shortfall, but these temporary tax increases have a way of transmogrifying into permanent tax increases.

The author mentions in passing near the end of his piece that the next budget shortfall is more than 20 times greater than the current budget shortfall. How does his temporary tax increase deal with that problem?

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