WELL, THAT WON’T DO MUCH TO BOOST THAT ANEMIC GROWTH: The Coming Tax Increase. “The debt held by the public has approximately doubled since President Obama took office and is now equal to 74% of gross domestic product. It is true that with the right policy mix, economic growth—stuck at just over 2% during the Obama “recovery”—will help close federal deficits and pay down the debt. At the end of World War II, for example, the debt-to-GDP ratio was at 104% and shrank to a low of 23% by 1974. But letting growth or future belt-tightening close the gap is the exception, not the rule. More often, higher taxes are the result.”

Well, if that’s how it’s going to be, I’ve got some revenue enhancement suggestions of my own.