Liberals always think that taxes are a single variable dynamic. The think if tax revenue is X and they increase taxes by N percent then the net tax revenue will be X+(X*N). The same goes for a tax cut. They never seem to check the data after the change. Facts shall not interfere with the liberal agenda.
The chess-piece fallacy: assuming that some authority can achieve desired results as though he were moving chessmen on a board, ignoring peoples desires and incentives