Buffett Rule would barely dent debt - CNN.comTime for the rich to pay up
Obama: Raise Capital Gains Tax Even if Less Revenue - YouTube
I'm ok with my rates going up as long as we return to the 1990s rates across the board. we have to get our deficits under control, we can't get there by cutting alone, and the Bush tax cuts simply haven't delivered for the middle class.
Myself...I think the Bush tax cuts have been around so long we might as well make the whole thing permanent and start from there with who gets their taxes raised or lowered. Just seems the honest thing to do.
Tax them 80% average (like France) means $2.5T per year ending the deficit, and paying off debt in 5-10 year........ so much for your "its useless t otax the rich" lies.
Dividends and CEO's will continue t o be paid, so there will be no reduction in taxes......