Filed under: Capitalism, Economy, Liberalism, Politics, Taxes | Tags: Economist Daniel Mitchell, Millionaires and Billionaires, The Laffer Curve
Even some very rich leftists — those proverbial millionaires and billionaires — whom Obama claims are not paying their fair share, want President Obama to raise taxes on the rich. If you want to know why rich liberals are not just hypocrites, but wrong as well, read this post from economist Daniel Mitchell that tries to teach President Obama about the Laffer Curve. If this doesn’t make you giggle, you have no sense of humor.
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