The Right Approach to Taxes

The political left, with President Obama at the forefront, would like to see the “rich” taxed even more as part of a “balanced approach” to deficit reduction.  And since President Obama’s reelection, even some on the right have wavered in their opposition to tax increases.  By raising revenue (i.e., taxes) by targeting wealthy Americans rather than by going to the root of the deficit problem, spending, they may be on the verge of violating a promise they made to their constituents.
“Balanced” is an interesting choice of words for the liberals, though.  Our own Dan Holler points out how unbalanced the left’s demands truly are:

Read more: http://heritageaction.com/2012/11/the-right-approach-to-taxes/?utm_source=heritageaction&utm_medium=email&utm_campaign=lame-duck-tax