Tax the Rich!!!!! (OK, Raise Taxes on all the "Rich" GS and SES "Workers" Until Deficit is Zero.): "So Obama demands that we must progressively 'Tax the Rich' as a price for raising the debt limit.
OK. Let's do that.
Any civilian government employee making over $150,000.00 per year gets a 15% tax increase until the deficit is zero'ed.
Any civilian making over $100,000.00 per year gets a 10% tax increase.
Any civilian making over $75,000.00 per year gets a 5% tax increase.
So how much would this raise? Does it really matter, Obama (and Hillary) have already said in 2008 that the fact that raising capital gains tax rates doesn't increase revenue 'doesn't matter, it is a matter of 'fairness' not revenue increase.'
Yes, wee could cut their pay; but that would only 'change' their contracts as each becomes due, and the unions would complain about that. 8<)"
See original work for more on this and other stories.
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