I like Obama's newest adaptation of a failed Bush policy. Let's leave taxes alone for those of us making less than $250,000 and increase taxes on those making over $250,000. No, seriously, I really do like this plan.
http://www.tampabay.com/opinion/editorials/obama-has-right-idea-on-tax-cuts/1120797
By raising taxes on the rich we'll be bringing in an extra $700B. That'll come in handy since the CBO projects the 2011 shortfall to be $1.066 TRILLION. What? What was that? Oh, the $700B is over 10 years. So we're really only bringing in $70B a year. Hmmm, that's not going to balance the budget either. Oh well, at least it's a start. And, when Obama finds his missing scalpel he'll dig into that budget and cut spending soon I'm sure…just like he promised.
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