Archive

Democrats Have Their Own Fiscal Delusions, Part 2

Taxes
articles/2012/12/31/democrats-have-their-own-fiscal-delusions-part-2/democrats-have-their-own-fiscal-delusions-part-2-image_infnqw
articles/2012/12/31/democrats-have-their-own-fiscal-delusions-part-2/democrats-have-their-own-fiscal-delusions-part-2-body-inlineimage_bwlnyq

Here's the second crucial ridiculous thing Democrats believe:

The US can achieve fiscal consolidation without any increase in taxes on the 98% of the country that earns less than $250,000.

Barack Obama committed himself to the 250,000 cut-off back during the 2008 presidential campaign: before the financial crisis, before the ballooning of...

We think “subscriber” would look good on you. Join now to unlock access.

Don't miss this subscriber exclusive article. 

Got a tip? Send it to The Daily Beast here.