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almost as crazy as Iraq oil revenue will pay for the war. I often see 45-55% rate thrown around as an estimate but I think it's hard to say what the rate would need to be because it's hard to say how far people will go to avoid paying the tax (black markets, barter etc.) and how high the tax would need to go to account for that lost revenue. It would just be a mess and the average people would end up getting screwed. Poor people and working class can forget about EIC, child tax credits, dependant care credits and education credits. Oh, and let's see how good auto sales are when a car suddenly costs 30K instead of 20K. Makes me want to buy, buy, buy
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