[Bri]

Originally Posted by justinstrife

Do you have a link to your numbers? Because the numbers I see on the deficit alone, are 1.5 trillion or more for 2011. That's just for part of your post.

http://en.wikipedia.org/wiki/2011_Un...federal_budget

households:
http://www.census.gov/compendia/stat...es/11s0059.pdf

deficit
http://www.businessinsider.com/us-budget-deficit-2011-7

income
http://www.census.gov/compendia/stat...es/11s0694.pdf
and
http://en.wikipedia.org/wiki/Income_..._United_States

I've rounded the numbers, it's just to show that the income of the top 5% is roughly equal to the deficit. Don't think to much of it, more then half amount of tax revenue isn't even derived from income taxes.

The height of taxes is a powerfull tool in public finance. However I agree that neither the democrats or republicans are currently able to wield it effectively.