No mention of the Laffer Curve.
The author is probably down at the local convenience store investing his income in lottery tickets.
Exactly.
The tax rate that generates the greatest revenue to the Treasury has been proved, I think, to be 22% of GDP.
Therefore, since the U.S. has an average of at least 35% of GDP, ANY INCREASE IN TAXES WILL DECREASE REVENUES TO THE TREASURY!!!
The way to get more revenues to "Close the Deficit" is to cut taxes. People will work more, and tax revenues to the Treasury will climb.
Even smart Libs know this. It just doesn't win votes.