Comment: The rich can pay spendthrift congress ways & means.

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The rich can pay spendthrift congress ways & means.

If willing taxpayers earn $250,000 per year and the government taxes them at 49.6% (this is the actual proposal for federal, medicare, and social security tax), it will take them 129 million years to pay off the current debt.

According to the 2010 census data, there are 3.8 million households with $200K+ (no data exists for $250K), so “taxing the rich” will only take 34 million years to pay off the current debt (if the US government does not borrow one more penny for the next 34 million years)!

All we must do, is convince the rich to pay their "fair share" @ 49.6%... for 34 million years.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul