Comment on Stick a Fork in California: Gov. Newsom’s Proposed Retroactive Billionaire Tax by Scott Feil
I recall a young, aspiring politician from Chicago (with sharply creased trousers) back in 2008 who was asked in an MSM interview something along the lines of, "but some economists cite recent history when tax cuts resulted in increased revenue coming in to the government. What if your tax increases on the wealthy result in lower revenues?" His answer was that the focus shouldn't be on revenue but that it was an issue of "fairness." So it's not even about resourcing the supposedly compassionate policies the Democrats advocate. They would rather stoke class envy than actually solve problems. It will never be enough.
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