Tax the rich

Of the 140 million taxpayers there were 235,000 who earned more than 1 million and the total earned was 726 billion or an average of 3 million. There were also 70 million who paid no income tax. We could take $1,000 from each of these or take all the money that those over a million made and it would be same. How about taking half of the top and asking the others to pay $500 a year. In either case the 700 billion would cover less than half of the 2011, 1.3 Trillion deficit. The projected deficit for 2012 has just been raised from 1.48 T to 1.6 T. The problem with raising taxes on anyone is that there are no plans to use that money to lower the deficit but there are plans to spend it on programs that are supposed to expand the economy.