tax and spend, the recipe for a failing economy

this is based on the assumpton you are not paying your fair share so we can enact more entitlement programs.

If the Democrats get their way on taxes, the top combined tax rate would soar to 62 percent, warns economist Stephen Moore of The Wall Street Journal.

Read more on Newsmax.com: WSJ’s Stephen Moore: Tax Rate Will Soar to 62% If Dems Aren’t Stopped 


Now that i have your attention, essentially this means that if you have a job and you pay taxes, you will be paying a lot more.  Next, to give you a point of comparison, in the 80's when the us economy was steadily growing and seemed to be expected to go on forever, we received a highest marginal rate of 28% from Ronald Reagan.  This created one of the biggest economy growths in us history.  Our advantage was we had gone to lower taxes when everyone else we traded with had gone to higher taxes.  Do you get the picture so far?  And now for something completely different.


Now taxes abroad are falling while U.S. rates are set to rise. “What all this means is that in the late 1980s, the U.S. was nearly the lowest taxed nation in the world, and a quarter century later we're nearly the highest,” he explains, even without the proposed increases to come.


all of this and we are arguing on weather to raise our debt even more with the resultant additional raises in taxes.  Do these people have an end in sight, or is it 'just send it all in and well decide what to give you'?  isnt that what Russia's approach was, and we can now see how well that worked out.