Even if they took it ALL -- it's not enough!
Here's a not-so-fun fact --
If the government increased the top tax rate from the current rate of 35% to 100% (yes, that's right 100%), it would only collect an extra $400 billion this year. In other words, confiscating all the income that is currently taxed at 35% would not raise enough revenue to cover any of the annual deficits projected in the next 10 years. There is no way that tax hikes on the rich alone can pay for proposed spending in the current budget.What to do? Maybe you should plan on attending our Independence Day event at Rio Cibolo Ranch! And keep an eye here for news on smaller, more focused events we're also working on sponsoring.