I agree that the tax code needs to be revamped. Tax breaks for corporations need to examined. Just think about it, the president bails out the auto-industry and
Michigan, Wisconsin, and go for Mr. Obama. Thank you for pointing out this fact. I hope the president did not do this as a clever bribe to those voters. Ohio
Also, remember the 47% that pay no federal income taxes, that’s more than 115 million Americans of tax payer age.
Total population of the
: 314,772,453 U.S.
245,267,292 potential taxpayers
115,275,627.2 Americans who currently do not pay federal income taxes. If each were required to pay $1,000 per year on average the total would be at least $115 Billion per year or in nine years over $1 Trillion. Rommy, also remember with more taxpayers the growth of government would slow helping to cut the debt.