This is a bit exasperating. For more than a year, I’ve been saying that the tax increase which president Zero is obsessing over doesn’t amount to a hill of ….. beans. The CBO now estimates the tax increases would amount to $82.3 billion annually.
This should have been made an election issue. One could have easily exposed Zero for the smallish individual he is.
For the new readers, I’ll reiterate. $82 billion per year is nothing. Even if there is no negative affect from the tax increase, (there will be a negative impact) it still does nothing to balance the budget. It is simply a punitive tax, attacking people for being successful. Currently, federal spending stands at $3.8 trillion per year. The tax at optimal implementation with no negative impact will raise 2% of our budget.
2% of our budget. That’s the plan. Barry Zero is hanging his hat…
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