Princess Pelosi and the Democrats continue to dwell on the idea that tax increases on the evil rich will solve our economic woes.  Bolshoi.  If only it were that easy.  We are way beyond the point of tax increases.  There simply aren’t enough rich people to sustain the big government dreams and schemes that the Democrats desire.  Nonetheless, Princess Pelosi continues to push them as a solution.  She wrote an article this week, expounding on her dumbfounding liberal logic:

We face two tasks: One is to promote growth and create jobs; the other to reduce the deficit. Our proposal achieves both goals.

Democrats are committed to moving the process forward by asking the wealthiest to pay their fair share through the expiration of tax cuts for those earning over $1 million a year. Democrats are committed to using the significant savings to reduce the deficit.

This “fair share” horsesqueeze needs to come to an end, but our only hope of achieving that is to tattoo it to the next winner or American Idol or run it on the cover of “People” magazine for a few months.  The only reason the Democrats get away with this “fair share” nonsense is because the American people are, with few exceptions, completely ignorant on the topic of who pays how much.   You couldn’t find 2 out of 100 people on the street who could tell you that the top 10% of income earners pay way over 70% of all taxes, or that the top 1% of income earners pay almost 40% of all income taxes while earning less than 20% of all earned income.  The Democrats prey on this ignorance – ignorance promoted by the government schools they protect and the leftist media – to push this focus group tested “fair share” line.  After all, everyone wants to be fair, don’t they? 

Here’s the troof ….

In order to cover the deficit by taxing the evil millionaires and billionaires, every one of those 200,000 households would have to be hit with a tax HIKE of $6 million.  That’s on top of what they are already paying.

I won’t hold my breath that any member of the ObamaMedia will challenge Princess Pelosi on this fact.