Quote:
Originally Posted by Happy Monkey
So your post verifies that my interpretation was correct, with some updated numbers.
Someone making $350,001 would pay one cent, or two cents in 2012.
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Wrong. The math shows would never pay for it at that amount.
Given the US is about 305million people, the top income earners are about 2.5% of that or about 762,500. A one cent tax will not rais 1 trillion dollars.