How High Would Taxes Have to Be to Close the Budget Gap This Year?

How high would taxes have to be to close the budget gap this year? One blogger took a look:

I decided to look at the IRS data and calculate exactly how high would the tax rates have to be close this year’s budget gap of around $1.6 trillion (it’s $1.65 trillion according to the White House and $1.55 trillion according to the CBO). What I found was certainly not surprising but still quite disturbing.

Take a look yourself. It is very clear that increased taxes cannot solve the debt problem. It can’t even make a dent in it.

In other words, those advocating a “balanced approach” are really only avoiding the problem. In order to get the federal budget under control we have to cut spending. Nor should that be hard, considering that the federal budget has literally doubled since 1999. If we simply went back to 2000 numbers we’d almost certainly have a surplus, and no one would die nor would the world end.

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Tea Party Members โ€˜Bloody and Beaten,โ€™ But Still in โ€˜Noโ€™ Column

Tea party members still in the no column.

The debt ceiling situation is really very simple. The Democrats won’t propose anything, nor will they vote for anything that cuts anything. And a large percentage of the new Republicans elected to office in November won’t vote for anything that doesn’t include real and significant cuts. The result is there simply aren’t enough votes to pass a bill. This might change, but based on what I’m reading I suspect that come next week, the federal government will have to find a way to live within its means. And I think that will be a good thing, despite the short term pain it will certainly cause to us all.

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A problem like Pelosi

A problem like Pelosi.

Nancy Pelosi said the following about Republicans: โ€œThey donโ€™t just want to make cuts. They want to destroy. They want to destroy food safety, clean air, clean water, the Department of Education. They want to destroy your rights.โ€

I want to ask you: How do you do business with someone like that? How do you do business with a party like that? โ€œThey want to destroyโ€? (Iโ€™ll grant that we think the Department of Education a total boondoggle.) โ€œThey want to destroy your rightsโ€? Iโ€™m reminded of why I revolted against the Democratic party long ago: They all talked like this. They all regarded their opponents as monstrous or subhuman. And I knew it was bunk.

And in a related note: Democrats — with no bill of their own — point accusing finger at Republicans.

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The Painted Desert of Mars

Mars Reconnaissance Orbiter released this picture yesterday of what the Orbiter’s scientists have labeled “The crazy floor of Hellas Basin.” Below you can see a cropped image of only one part of the large higher resolution image. The NASA caption says that the wild colors probably “indicate that diverse minerals are present,” meaning that any settlers of the red planet will probably take a close look at this location with the reasonable hope of finding the resources they need to colonize a planet.

To me, these colors also indicate that this place on Mars would probably one of its most popular tourist spots. As I look at the image my eye instinctively wants to trace out the best trail route along the ridges and down into the gullies in order to give hikers the best view of this colorful terrain.

Hellas Basin

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A dark and stormy night, 2011

The 2011 winners in the Bulwer-Lytton Fiction Contest have been announced, given to the writer who comes up with the worst opening sentence for an imaginary novel. This winner in the purple prose category is my favorite:

As his small boat scudded before a brisk breeze under a sapphire sky dappled with cerulean clouds with indigo bases, through cobalt seas that deepened to navy nearer the boat and faded to azure at the horizon, Ian was at a loss as to why he felt blue.

Go here to see all the winners.

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