Reply #13: Some of these are pretty spurious.... [View All]

[Scuba]

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According to the Tax Foundation’s Microsimulation Model, to erase the 2010 U.S. budget deficit, the U.S. Congress would have to multiply each tax rate by 2.4. Thus, the 10 percent rate would be 24 percent, the 15 percent rate would be 36 percent, and the 35 percent rate would have to be 85 percent


Oh yeah? Over what time period? A year? A century? Meaningless without that information.

Still, the bottom line is that the rich are getting richer and the poor - and middle class - are getting poorer.