{"id":1240,"date":"2009-02-26T12:41:00","date_gmt":"2009-02-26T17:41:00","guid":{"rendered":"http:\/\/philip.greenspun.com\/blog\/?p=1240"},"modified":"2009-02-26T12:41:00","modified_gmt":"2009-02-26T17:41:00","slug":"can-we-dig-ourselves-out-of-this-hole-by-taxing-the-rich","status":"publish","type":"post","link":"https:\/\/philip.greenspun.com\/blog\/2009\/02\/26\/can-we-dig-ourselves-out-of-this-hole-by-taxing-the-rich\/","title":{"rendered":"Can we dig ourselves out of this hole by taxing the rich?"},"content":{"rendered":"<p>Barack Obama proposes to dig the Federal government out of its deficit hole with higher taxes on the 2 percent of Americans with the highest income.\u00a0 Today&#8217;s Wall Street Journal carries <a href=\"http:\/\/online.wsj.com\/article\/SB123561551065378405.html\">an analysis<\/a> of what would happen if the government could confiscate 100 percent of those folks&#8217; earnings.\u00a0 The depressing conclusion is that it wouldn&#8217;t be enough money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barack Obama proposes to dig the Federal government out of its deficit hole with higher taxes on the 2 percent of Americans with the highest income.\u00a0 Today&#8217;s Wall [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1240","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Can we dig ourselves out of this hole by taxing the rich? 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