Friday, April 6, 2012

Budget Deficit Gold

Via Ace of Spades, @politicalmath has a classic graph describing the estimated fiscal impact of the Buffett Rule that President Obama proposed, which would increase taxes on those earning a $1 million a year or more. Surely that must bring in tons of revenue, right? It wouldn't just be cheap political demagoguery?

Oh. Oohhhhhh.

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