Saturday, August 20, 2011

“There's simply not enough wealth in the community of the rich to erase this country's problems by waving some magic tax wand”

Warren Buffett’s Taxing the Rich Won't Solve Deficit, Says Tax Foundation - CNS News

“Even taking every last penny from every individual making more than $10 million per year would only reduce the nation's deficit by 12 percent and the debt by 2 percent,” the non-partisan Tax Foundation’s David Logan writes.