Thread: Economics The Fiscal Cliff Approacheth
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Old 10-18-2012, 05:07 PM   #78
mlyonsd mlyonsd is offline
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Join Date: Aug 2000
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Quote:
Originally Posted by Donger View Post
How much "extra" money would be generated by raising the rates on "the rich"? Has anyone actually done that calculation?
Last I saw calculated was $700 billion over 10 years. Not enough to cover one year of our annual deficit.

Big whoop. This always has been nothing more than a political talking point by Obama. It doesn't do squat.
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