re: #78 Aceofwhat?

Frankly, it’s hard to raise more than 20% of GDP no matter what you do. We’re better off getting more from higher earners, flattening corporate taxes while crushing loopholes, and learning to live within 20%.

We also need to regulate so that enormous damage isn’t being done, so that we can stick within that 20%.

Hard to stick within 20% when you need to come up with a solution to AGW and clean up other pollution and deal with fiscal meltdown and ENRON style fraud etc.

The only thing better than solving a problem is not having the problem in the first place.