OMG! It's the Fiscal Cliff!

[BigV]

I'm in favor of taxing the rich because that's where the money is.

I heard recently that the 400 richest people in the US have as much wealth as the bottom (economically speaking) 185,000,000. Top four hundred same wealth as the bottom one hundred and eighty five million. You want more filers? What about redistributing the wealth of one of those 400. That translates into 462,500 po' folks.

When I hear the whining about how taxing the rich won't solve things, then I think the same logic applies to the bottom 185 million people too. They have the same amount of money, right? Except when you divide how much they have by the number of people you have to spread it all around to, it gets scraped pretty thinly.

I'm working out the math on the proposed changes to the tax code I've seen put forward by the President. When I have that math, I'll post it here.