To all the left-wing idiots who seriously believe in the ‘taxing the rich will solve our deficit problem” from Obama, please examine this graph from Rep. Paul Ryan and then seriously get yourself an education.
Taxing those who make $250,000, millionaire and billionaires to Obama, will only fund government spending for 8 days. Spending, not tax revenues, is the problem. Obama’s plan doesn’t reduce the deficit one cent. None of his budgets reduced the deficit and he has no intention of reducing government spending.
H/T Paul Ryan