“Iowahawk” writes the “evil” rich can pay for O’s annual 3.7T in spending. He suggests President Obama just needs to:
- confiscate the net worth of all billionaires ($1.3T),
- all income above $250,000 ($1.4T) &
- all 2010 Fortune 500 profits ($391B).
- Taking the net worth of the next 100 near billionaires
- Collecting an amount equal to the total ad expenditure of the 45 Super Bowls, all pro sports salaries & all “Star Wars” revenue (inc. merchandise) since 1977
- Eliminating all funding for Afghanistan, Iraq and foreign aid &
- Seizing and selling the 15,000 homes in Beverly Hills.
Done!
Admittedly, with the rich now totally gutted, next year will be tougher. Much like congress, we don't have to worry about that little problem until next year.
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