Wednesday, November 28, 2012

Why not take 100% of households over $250,000

They probably stole it. Taxing them will only get about a week, so why not just take all of it?

A: Number of US households: 116,000,000
B: Average US household income: $68,000 (median = $52,000)
C: Total US household income (A * B): $7.89 trillion
D: Percent of households above $250k income: 1.93%
E: Number of households above $250k income (A*D): 2,238,800
F: Percent of national income earned by households making $250k or more = 25%
G: Total income of households making $250k or more (C*F): $1.97 trillion
H: Total income of households in excess of $250k (G - E*$250,000) = $1.412 trillion

Alright! Take that, fat cats! Our $1.412 trillion windfall has us covered for the next 141 days. . .

Iowahawk

1 comment:

Anonymous said...

Murray sez:
When it comes to challenging the Liberals it's not fair to use facts! Particularly in this case since the fat cats can pay as much income taxes as they want WITHOUT changing the tax code. Just send it in. There...take that Buffet and friends!!!!!!