Tuesday, April 24, 2012

Just give 'em what they want?

No, not talking about caving into a mugger or other violent crook.

Instead Tony Robbins (Huh?) and Iowahawk play along with the Liberals and go "Sure take all the money from every corporation and all the rich people," let's see how 100% tax rates work:

In short: We can't get there from here. Which figures given that our cut-to-the-bone government needs 10 billion a day.

Update: Here's Bill Whittle's take on the same analysis.

Of course an argument of "Don't eat your seed corn" doesn't really play with people who think food comes from the super market.

It's also... scary how the rate of debt creation has jumped by two orders of magnitude.

Sleep tight!

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