The graphic at the beginning of this clip is stunning. Obama’s tax proposals will tax the wealthy one trillion new dollars over a ten year period. So Brit Hume and Juan Williams duke it out over the merits of this kind of taxation … with Brit asking the relevant question I think.
I am all about the responsibility, in a society such as ours, for those who have, to pay a fair share to fund the government. But when government runs its programs without regard for cost and continues to lean on one segment of the population, the earners, eventually you either discourage earners, or drive them underground. Either way, to discourage wealth is to discourage economic growth and i becomes counterproductive.
Update: Here’s what Rush Limbaugh had to say about this at CPAC. It is a very good clip and the most watched of his clips that I have posted.