Nope, they just don’t get it.
Apparently, Bill Kristol has the same mental deficiency as every single person who voted for Barack Obama last Tuesday. He doesn’t seem to be able to grasp a very, VERY simple economic truth, which is that it is a practical impossibility to raise taxes only on “the rich“.
You see, most of “the rich” either produce goods and services for everyone else, employ people, or rent apartments to primarily low-income folks. Some of them do all of these things, and raising their taxes forces them to offset their monetary losses by doing one or all of the following things.
A.) Raising the prices of their good and services.
B.) Cutting the number of their employees and/or cutting the pay of those they employ.
C.) Raising the rents of the people who live in their apartment buildings.
This is called REALITY, Mr. Kristol, and it is not…
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