Remember a few days ago when I was making jokes about the government trying to bankrupt us all? I guess it isn't even a tightly held secret anymore. At least one local Democratic congressman thinks it's a grand idea to make the top tax rate 90%.
Now, I am nowhere near the top tax rate. But, I do understand that no one would ever work if they thought 90% of your money would be taken from you. Or you would just go underground and pay virtually no taxes. And, surely this rule would not apply to anyone in the government. Now would it?
Is it any wonder those voices are starting to become louder about the US becoming a socialist country? A year ago I would have fallen on the floor laughing if someone would have told me anyone wanted to raise the top tax bracket that high.
Read the whole story here.
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