I want to call your attention to an op-ed written in yesterday's Wall Street Journal by Ari Fleischer, former press secretary for President George W. Bush. Fleischer makes a point I've made on this blog, in my book, and in my newsletter. Only he articulates it much better than I do. He says everyone should pay their fair share in taxes. There are simply too many Americans who pay absolutely no income tax at all, yet they have a sense of entitlement.
The government is trying to get more money out of the so-called rich. But the rich are already overtaxed. The top 1% pay about 40% of the income taxes. Keep that in mind the next time you hear someone like Barney Frank claim he is trying to protect taxpayers' money.