“Obama Admits That Higher Taxes Will Wreck the Economy” but wants to do it anyway.
At an earlier date, some MSM journalists actually pressed him on taxes. He wanted to raise capital gains taxes, and, amazingly enough, he was told this would depress capital gains revenues. His response was that he would still do it for “equity.” That opened my eyes wide.
It will just have a short term effect before the communes get going and we finish nationalizing big business. It shouldn't take more than a dozen years.