Here we are in the middle of an economic sh** storm. Bad stuff. And in the face of that the current administration is backing massive tax increases. Oh sure, I have heard the pitch, higher taxes are only for the “rich” guy. The plan will test once and for all the notion of “trickle down” because the President believes that taxing upper income earners will have no affect on anyone else. It will all be a surgical strike to take from the evil richies and give to those less fortunate. And we all know that the richies faced with less money will of course keep spending the same amount before having their pockets picked. Are there academics who actually have papers backing this crazy plan? This whole script plays out over an economy that everyone is calling a Depression. Ladies and gentlemen, the unintended consequences have been set in motion. Let’s see where the dice land.