Fuck Yeah Rick Hertzberg!

The partygoers’ main target was President Obama’s plan for an enormous tax hike, under which, starting in 2011, persons with incomes in excess of a quarter-million dollars could see their top marginal rate go from thirty-five per cent to 39.6. This means that a fellow making, for example, three hundred grand could see his tax bill go up $34.62 per week. (In a typical liberal trick, most people making under a quarter mil, which is to say ninety-seven per cent of us, are getting a reduction.)

Lifting the burden of taxation from the backs of the comfortable is no longer the exciting new panacea it was back in the nineteen-eighties.