Stimulus!

And the top tax rate that would be required to close the 2010 deficit is...95%. Of course, that estimate includes the completely unrealistic assumption that everyone would continue to work at the same rate they do now despite the higher rates.

Read about it here.

Is it a wonder why any rational business person might think twice about taking on new payroll in this environment? Maybe the more intelligent business decision is to build up cash reserves to pay for future tax hikes.

But it's okay, because that person desperately looking for a job might be better of without one anyway, seeing how a job would make him or her ineligible for all kinds of government subsidies, and potentially face an implicit marginal tax rate of 131%!