The 2% illusion

The political discourse is tilting towards « taxing the rich » to pay for the electoral promises.Today’s editorial in the Wall Street Journal elegantly demonstrates the fallacy of the « tax the rich » premise by showing that even if the so-called « rich » were taxed at the rate of 100%,effectively leaving them nothing,then the amount raised would still not be enough to pay for all the programs promised see: http://online.wsj.com/article/SB123561551065378405.html?mod=rss_opinion_main

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