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Health & Fitness

The Rich Must Pay Their Fair Share!!!

The reality of taxing the 'rich'.

Based on IRS tax return and Treasury Department data:

* 2009: For calendar year 2009, taking all the adjusted gross income of  filers making $1 million or higher would have paid for 20.67% of all federal  spending during calendar year 2009 – approximately 75 ½ days, or 2 ½ months.  

* 2010: For calendar year 2010, taking all the adjusted gross income of  filers making $1 million or higher would have paid for 24.11% of all federal  spending during calendar year 2010 – approximately 88 days, or approximately  nearly three months. 
    
Year     Total federal outlays     Total  AGI of all millionaires
2009     $3.52  trillion                    $726.91 billion
2010     $3.48 trillion                     $839.58 billion (preliminary) 

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Three months... That's it.  Yep, Obama has a solid plan.  What  a joke.

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