And what happens when these new higher tax rates change people’s behavior, and the result is less tax revenue than they expected????????
There’s a term to describe this type of thinking. These guys sit down with a computer spreadsheet, plug in a new number of a tax rate, do the math, and say, this new tax rate will raise $540 billion. But in the real world, things don’t work that way. People subjected to the higher rates will change the way they spend money and do business to avoid the higher rates when possible.
So, between the fact that these new taxes, if passed, will not raise the money they expect, PLUS, the fact that this health care plan will end up costing more than expected, as all government programs do, means endless deficits and higher expenditures for a lower quality of healthcare overall.
Then Obama’s new “national security force” goes out and confiscates their wealth by force. Think the CART teams in EFAD The Reconquista.