Are you kidding me?
http://www.foxnews.com/politics/2012/11/14/obama-enters-fiscal-cliff-talks-calling-for-16t-in-tax-hikes/
I hope this means over an extended period, at least (though it's still ridiculous). But if he means in one year, we're doomed. If he taxed those over $250,000 a year at 50% or better, it still wouldn't come near 1.6 Trillion.
I hope this means over an extended period, at least (though it's still ridiculous). But if he means in one year, we're doomed. If he taxed those over $250,000 a year at 50% or better, it still wouldn't come near 1.6 Trillion.
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