Opinion Columns & Blogs

August 17, 2012 12:00 AM

Mathematics and the presidency

It is mathematically indisputable that should President Barack Obama obtain his legislative desire and increase taxes on those making $250,000 a year or more the nation would not close even this year’s budget deficit. Never mind the $16 trillion in national debt. The income brought in through that tax increase would not balance this year’s federal budget.

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