Higher taxs on the 1% explained

Phil Graham, former Senator from Texas and the only economist in the Senate (and maybe even the Congress at that time) explains here exactly how debilitating the claim by redistributionists for "fairness" in the tax code is for the economy.  This is the rebuttal with hard facts to the Obama claim the 1 percenters  are not paying their fair share.  A quote to remember in this explanation:

 Will and Ariel Durant observed in "The Lessons of History" (1968), "freedom and equality are sworn and everlasting enemies, and when one prevails the other dies . . . to check the growth of inequality, liberty must be sacrificed."