Monday, July 11, 2011

What is so bad about raising taxes on the rich *slightly*

The Republicans are standing fast against Obama. They want spending cuts - but no raised taxes.

That's because the taxes in question are on the super rich, and all Obama wants is to raise them a little bit!

Limbaugh says raising taxes will generate only 1% of extra income. I find that difficult to believe for a start, but the point is, someone making $100,000 a year probably spends $10,000 a year on coffee or other crap. You telling me they couldn't afford to give that money in taxes?

Donald Trump probably spends $10,000 a year on his hair. Is it going to bankrupt him to have to pay an extra $100,000 in taxes? That's a drop in the bucket to men in his income bracket.

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