Derek85 Wrote:
Nov 17, 2012 5:47 PM
The Total Income Tax collected in a year is $865 billion (IRS.gov). Obama's Annual Deficits are running $1.35 Trillion. If we told every taxpaying American to DOUBLE their income tax payments, IT WOULD NOT BE ENOUGH. The Total Taxable Income of everyone who makes over $100,000 is $1.56 Trillion and this group already pays the majority of Income Taxes. If we raised their rates to 100%, IT WOULD NOT BE ENOUGH. I never heard Romney explain this, or attack Obama on any of his BS.