Heading into Jimmy Carter's third term with "forward?" [translation: Throw money at problems until it is clear this doesn't work.] Will this government cut spending? Nawww....not when they can take current and future wealth from its subjects. Taxes WILL go up. [read: bend forward.] - Income tax rates are going up. - Capital gains rates are going up. - Rates on dividends are going up. - Tax exclusions are going down. The regime has a new motto to replace 'e pluribus unum' and it is: - 'All 'yo money are belong to us!'
The Myth of Rational Legislation
41 minutes ago