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Reply #3


Response to alp227 (Original post)

Tue Dec 18, 2012, 02:06 PM

3. That's not a serous proposal

It can't be. Raising the rate to 39.4% on taxable income above $1,000,000 would raise about $11 billion in new taxes. The government currently incurs about $3.5 billion per day in deficits. So we're going to increase taxes enough to fund the government FOR 4 DAYS?

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alp227 Dec 2012 OP
yellowcanine Dec 2012 #1
heaven05 Dec 2012 #2
LineNew Reply That's not a serous proposal
mostlyconfused Dec 2012 #3
DallasNE Dec 2012 #4
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