Noting the president’s assurance that the 250-grand-and-under crowd won’t pay “a single dime” more in taxes, the Wall Street Journal calculated that if you took every single dime — that’s 100 per cent — of the over-250K crowd, it barely begins to pay for this program, even before half of them flee the country. The $4 trillion Congress is planning on spending next year (2010) could just about be covered if you took every single dime of the taxable income of every American earning over $75,000.
-Mark Steyn
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