Keep on the lookout for a big tax. A really big tax. I suggest that because this week a California official proposed a tax on emails. That, of course, would amount to a gigantic tax.

Gigantic is what politicians are looking for. As you know, they have spent us into a predicament. The government has to borrow a trillion bucks every year. Just to paper over the gap between what Washington takes in and what the politicians spend.

They know they can raise taxes on your income only so much before you punish them. The polls know this idea of taxing the rich more makes them look like heroic Robin Hoods. But they also know this extra money is not going to amount to much. It does make good theater. But it doesn’t buy much of the paper for papering over that gap.

So they keep floating trial balloons. A value added tax. A national sales tax. An internet tax – say, a tax on emails. A carbon tax. Sooner or later they will float a balloon that voters don’t whine about too loudly. That will be the one they stick us with.

To them the ideal tax will be one that takes a small amount from zillions of transactions. They salivate over the idea of a tax of one cent per email. You would not feel the tax. But over the course of the year you would kick in maybe $150. Or maybe a lot more.