Very informative article, although I think he is playing some numbers games. For example, he calculated the ratio of the deficit to the number of households making over $250,000 and came up with a huge number per household. That is an interesting calculation, but it seems odd to run a calculation in which households making $250,000 are lumped in with households making a thousand times that much. Not saying that his numbers are wrong, but they might not give a balanced picture.

I was also interested in his argument that raising taxes on the rich won't work because they are so good at avoiding taxes. He might have been ahead of the game by leaving that argument out.What would the revenue have been in 2005 without the Bush tax cuts?That's true. The optimum tax rate is also not the lowest number.