Fauxbama’s ‘TAX THE RICH’ plan would work for only 8 days
President Barack Obama’s plan to end the Bush-era tax cuts for families earning more than $250,000 a year would finance the U.S. government for only eight days, Georgia GOP Rep. Tom Price charged on Tuesday.
“The president’s plan to increase taxes on the upper 2 percent (of American earners) covers the spending by this federal government not for eight years, not for eight months – not for eight weeks, but for eight days,” Price, the chairman of the House Republican Policy Committee, told MSNBC.
The Obama tax-rate plan would generate only $82.3 billion a year, according to estimates by the Congressional Budget Office, Price said.
http://www.newsmax.com/Newsfront/price-obama-tax-cuts/2012/11/27/id/465606
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