|
They never learn
EJ Dionne, one of the knuckleheaded liberal standard bearers for the Washington Post, opined this morning that we need to be courageous and raise taxes if we are going to cure the deficit problem. They just can't understand a) that raising taxes does not bring in as much revenue as one might expect because people go to a lot of trouble to hide their income, and b) lowering the tax rate (not giving rebates) raises revenue because people have less incentive to hide income. Both JFK and Reagan proved this. But you can't teach a liberal anything. Dionne didn't even mention the possibility that the government might be spending too much. Never ocurred to him.
|