With math skills like this, no wonder the federal deficit is $1.3 trillion:
The Washington Examiner reports that at a fundraiser in Las Vegas, the president said the following about his jobs bill:
But last week, we had a separate vote on a part of the jobs bill that would put 400,000 teachers, firefighters and police officers back on the job, paid for by asking people who make more than $1 million to pay one-half of 1 percent in additional taxes. For somebody making $1.1 million a year, that’s an extra $500. Five hundred bucks. And with that, we could have saved 400,000 jobs.
I hear when you take other people's money it doesn't go as far... especially not when the government takes other people's money... so may be he was estimating the actual useable dollars from each $5,000 collected by the government? :VeryScared:
Actually, Obama may have got it right. If it was a marginal 0.5% tax on income over 1Million, then a tax payer with 1.1M... 0.5% x 100K is $500 extra
Just sayin
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
