Bummed that Ford is going to stick it to UAW workers as its executives use forklifts to carry their compensation to the bank, I decided to turn to the editorial pages of the Wall Street Journal - always good for a laugh. And today's editorial, The World's Largest Tax Increase EverTM($), delivers. Congress has just lit a fuse for the biggest tax increase in history. Congress, just now, lit this fuse? Apparently Congress has a time machine, because as I remember the 2001 and 2003 tax cuts, the very same tax code that will expire in 2010, they were written, passed, and signed into law in 2001 and 2003. Hilarious. See also Dana's take over at TPM Cafe. Also in same act piece, the WSJ editors grapple with logic: Despite the Bush tax cuts -- or we should say because of them -- federal revenues are above where they've been for most of the last half century. The government is far from starved for cash. Nice. They're saying - or they feel they should say - that as tax rates are decreased federal revenues increase, and therefore higher taxes will starve the government of cash. Is the WSJ editorial board suggesting Congress should cut taxes to create a well-funded, more expansive government? This is what I love about Laffer-esque arguments for tax cuts. Supply-siders contend that as tax rates decrease, government revenues increase. And it always strikes me as funny because when I imagine Supply Side America, I see government economists in overalls shoveling cash into U.S. Treasury furnaces because the federal government is collecting just waaaay to much cash and its run out of storage space because Congress lowered the top marginal bracket to 1%.