If we have more people on the receiving end of government - more people as the middle class becomes sucked in more and more to these entitlement programs, for example - then we're going to be in a place where it's going to be hard to go back. It's going to be hard to go back again. It's going to be hard to take away stuff. It's not impossible.
Fewer and fewer people are paying larger and larger percentage of the tax burden, as you know, almost half the people pay no income taxes at all. We're going to have more people in the wagon than we got pulling the wagon before long and that's not going to work. Those jobless numbers, you know, go hand-in-hand with those tax numbers.
A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.
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