If Barack Obama gets his way and raises taxes on everyone making $250,000.00 a year or more, the amount of money he brings in will not close his own budget deficit. Nevermind the national debt — he won’t close this year’s budget deficit. In fact, if we get the Democrats’ their wet dream of tax policy and take 100% of all annual income of everyone making $250,000.00 a year or more, we still won’t close Barack Obama’s budget deficit.
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