A FACT MAINSTREAM MEDIA WON'T TELL YOU: 'Taxing the Rich' would take 514 years just to pay off Obama's 2011 budget deficit...
"If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit." -Mark Steyn
- WT: Why Republicans Must Fight Obama to the Death on Taxes
- NYT: A Minimum Tax for the Wealthy -Warren Buffett
"If you think only the wealthy are going to be hit by what's coming, think again. The fiscal cliff is going to drag everyone else down with it. It's just the warm-up for the total societal collapse of the United States." -Mark Steyn