Tax Lies

I told you how, why and when federal tax receipts would be down this year, and they are. Now lefties are using this fact to make the highly distortive claim (aka "lie") that taxes are puny. Well, taxes are puny because people have massive loses they are putting through the system, millions of jobs have been lost, investment income has dried up, and people are engaging is tax avoidance behavior because they just ain't thrilled with what the government is up to (item # 16,485 here). In a normal environment the tax burden would be quite serious. Tax receipts of the federal government and individual tax burdens are very different things.

UPDATE: California's tax revenue was only $3.6 billion, or 26%, shy of projections. This isn't low taxes my friends, this is people hightailing it out of Cali and those who stayed making no coin.

My lovely home socialist paradise of New York is furloughing workers because there just is no more money in the till. Government workers thought they could just own politicians, via their unions, and vote themselves generous pay packages. But you can't get blood from a stone, when there is no cash, there is no cash. Gee, what to do when the folks who pay the bills can't or won't?????