Monday, September 17, 2012

Mudly Duckly on Math


Today a car drove by with a bumper sticker that said TAX THE RICH. The car was driven by a neighbor -- a young man I know. The next time I see him face-to-face, I am going to ask him if he’s done the math. I am going to say, “You know that bumper sticker you have on your car that says TAX THE RICH? Have you done the math on that idea?”

I doubt that he has done the math. But if he has, he would know that, even if we tax the rich all we want, it wouldn’t fix the problem. Not even close. The amount garnered would only be $85 billion, enough to cover about eight days of running the federal government.

P.S.  I’m not rich.

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