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Re: n4807g post# 91263

Tuesday, 02/02/2010 4:46:41 PM

Tuesday, February 02, 2010 4:46:41 PM

Post# of 578047
Hey you got right into it. ;)

It's a good start. After crunching the numbers you came up with an additional tax paid of $154 billion. That's a very substantial increase in tax revenue and would go a long way in partially solving the chronic deficit problem, but more is needed. You could expand into the top 10% and increase the additional tax revenue but I believe you would quickly see diminishing returns.

Good start........


Ah hah! You missed my attached post. Our plan will certainly help ameliorate the chronic deficit problem. wink

Plus, that was only for the top 0.1% (top 1/10 of 1 percent). Imagine how much it would help if others at the top were contributing more. 90% seems a little high, even to me, but if it was only for a year or two, it sure would make a big difference over all.
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