Tax the Rich

Our favorite liberal ignoramus Michael Moore (does anyone else thing he resembles Ignatious J. Reilly, the hero of John Kennedy Toole's A Confederacy of Dunces?*) has offered some pontifications recently. He believes we are not broke as a country or as individual states, but that the rich are not paying their fair share. He made this appallingly stupid statement while aiding in the protests in Wisconsin. A few thoughts spring to mind.

A. Moore is a big supporter of unions, except when he refuses to use them himself, to keep costs down in his so-called documentaries.

B. If Moore feels so strongly he should lead by example.  I suspect he will soon be showing his financial records and demonstratble proof he actually paid extra taxes to do his part. Perhaps I missed that press conference.  It may have been a joint affair with Senator John Kerry making public his Military Records.

I am willing to venture if we took every cent earned by the filthy rich -- those who make more than $250,000 income, according to the Democrats -- we could not pay off the massive 1.6 TRILLION dollar deficit projected by the current administration. We have a spending problem in Washington (and in most states and municipalities), not a revenue problem.

In fact, I wonder if we confiscated 100% of every dollar earned by the rich (taxed 100% on dollar one) if we could even raise enough revenue to pay the current deficit?

Remember 1.6 trillion dollars looks like this:

$1,600,000,000,000.00


*  Here is the description of Ignatious J. Reilly: "A green hunting cap squeezed the top of the fleshy balloon of a head. The green earflaps, full of large ears and uncut hair and the fine bristles that grew in the ears themselves, stuck out on either side like turn signals indicating two directions at once. Full, pursed lips protruded beneath the bushy black moustache and, at their corners, sank into little folds filled with disapproval and potato chip crumbs." Compare and contrast: