August 27, 2012

Add It Up: Taxes Avoided by the Rich Could Pay Off the Deficit | Common Dreams

Add It Up: Taxes Avoided by the Rich Could Pay Off the Deficit | Common Dreams
"Conservatives force the deficit issue, ignoring job creation, and insisting that tax increases on the rich wouldn't generate enough revenue to balance the budget. They're way off. But it takes a little arithmetic to put it all together. In the following analysis, data has been taken from a variety of sources, some of which may overlap or slightly disagree, but all of which lead to the conclusion that withheld revenue, not excessive spending, is the problem."