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December 06, 2012
Should Rush Limbaugh Advocate a 77 Percent Tax Rate?
Karl argues he should at Hot Air, suggesting that the GOP might have to illustrate to the public how massive our spending is by actually ratcheting up taxes to finance all this spending.
At the moment, the public is not actually confronted with the cost of the expanding government because we're currently borrowing from China to pay for it (and will do so, until China realizes we can't cover our debts, in which case we're going to try some hyperinflation (which, of course, has always worked in the past)).
Let it burn.