Quote of the Day: Going Galt at Fox News

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From Bill O’Reilly, groaning under the weight of President Obama’s proposed tax on millionaires:

If you tax achievement, some of the achievers are going to pack it in. Let’s take me. My corporations employ scores of people. They depend on me to do what I do so they can make a nice salary. If Barack Obama begins taxing me more than 50 percent, which is very possible, I don’t know how much longer I’m going to do this. I like my job but there comes a point when taxation become oppressive.

Normally, I probably wouldn’t support a top marginal rate of 51%. But I have to say, this gives me pause. Maybe it would be worth it, after all. Ed Schultz promises to have some fun with this tomorrow night.

UPDATE: Oops, sorry. Ed’s doing it tonight. As in, right this second as I’m typing this.

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Clara Jeffery, Editor-in-Chief

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