Eat The Rich

Jumping off from Ken Blanchard's post below, I note this post by William Voegeli over at NLT.  The Democratic candidates for president want to raise taxes on the rich, but they can't decide what "rich" means.  But, as Voegeli notes, even their low end of "rich," i.e., and annual income of $200,000, only encompasses 1% of the American population.  First, the top 1% of income earners are already responsible for over 30% of all individual income tax revenues going into Treasury coffers.  Second, given the ambitions of most of those candidates (namely some form of government health insurance) there is simply not enough money among the wealthy to pay the bills.  One concludes that either the Democratic candidates for president are unaware of these facts, or they are purposefully attempting to stoke the fires of class resentment.