Saturday, February 28, 2009

The Intellectual Redneck: Taxing the rich at 100% won't pay for Obama's budget

The Intellectual Redneck: Taxing the rich at 100% won't pay for Obama's budget
"The Wall Street Journal has reported that taxing the rich at 100% won't pay for Obama's budget. Barack Obama promised not to raise taxes on anyone making under $250,000 per year. Where is he going to get the money? The numbers indicate Obama will need to take 100% of the income of everyone making over $75,000."

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