NRO: […] But if he’s counting on a surge of income tax receipts from high earners, and if high earners respond by earning lower incomes, well, he’ll simply have to raise taxes on middle-income households by quite a bit more than he’s promised so far. Taxes on middle-income households are relatively low in the U.S. when compared to other countries, perhaps Democratic voters welcome the prospect of trading some amount of their hard-earned disposable income for guaranteed access to a government-run health system. I’m skeptical.
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