Here we go again with another tax on the “evil rich.”
It seems as though Rep. Virgil Fludd has gotten marching orders from President Obama with his tax policies.
And when was the last time that the government proposed a temporary tax with the promise to repeal it at some point? Ask the voters in Richmond Hill, Ga., when their leaders proposed a “temporary” SPLOST in 1973.
Obviously, Mr. Fludd does not know the basics of economics in that when you raise taxes, revenues go down. Read More»