There Aren’t Enough “Rich” to Ta x – Even if you confiscated everything, there’s not enough.

Soak the rich, eh?

They do not have the money.

A report from the Internal Revenue Service found that the rich — 8,274 people with incomes of $10 million per year or more — earned a total of $240 billion in 2009.

Even of you confiscated every dime they earned, you would barely have enough money to cover government spending for 24 days.

Read More:

About a12iggymom

Conservative - Christian - Patriot
This entry was posted in Uncategorized. Bookmark the permalink.

2 Responses to There Aren’t Enough “Rich” to Ta x – Even if you confiscated everything, there’s not enough.

  1. Bob Mack says:

    Rec’d this in an e-mail today:

    2011 Federal Budget Deal
    Federal Budget: $3,820,000,000,000 (3.82 Trillion)
    Income: $2,170,000,000,000 (2.17 Trillion)
    New Debt: $1,650,000,000,000 (1.65 Trillion)
    Amount Cut: $38,500,000,000 (38.5 Billion) – about 1% of the total budget.

    Harry Reid is calling this a “historic amount“. The President said it is a “historic deal”. John Boehner simply said, “We’ve come to an agreement”. Let’s Put This In Perspective. It helps me to think about these numbers in terms that I can relate to. Let’s remove nine zeroes from those numbers and pretend this is a monthly household budget for the fictitious Jones family:

    Amount of money the Jones family spent this month: $3,820
    Total income for the Jones family this month: $2,170
    Amount of new debt added to the credit card this month: $1,650
    Outstanding balance on the credit card: $14,271 (This represents our national debt).
    So last week, the Jones’s sat down at the kitchen table and agreed to cut $38.50 from their monthly budget. A historic amount!

    R U Impressed?
    Me neither!!!!


    • a12iggymom says:

      thanks Bob, common sense explaination for people who can’t understand the large numbers…those on the left learnong the newest ‘fuzzy math’…


Comments are closed.