Obama Is Flexible On Highest Tax Rates

[mostlyconfused]

66. Weird. Here's a corrected link.

I've looked at information directly available from the IRS, but they do not break out what percentage of individual and corporate income tax comes from capital gains.

Here's a better link to the Motley Fool article. I think I left period at the end of the prior link. Sorry about that.
http://wiki.fool.com/What_Percent_of_IRS_Revenue_Comes_From_the_Capital_Gains_Tax%3F

It appears to be quite well sourced, from the CBO and such. If there are updated sources I'd love to review those as well.

Your suggestion that I'm suggesting that we shouldn't tax the 1% more because it won't be enough to pay down the deficit, is laughable. I didn't state that all. It's one of the things Obama ran on, we re-elected him, and how he needs to stick to his guns and get it done.

I was merely stating that there is not enough there to be taxed, even at a 100% rate, to be able to solve the problem. It can only make a tiny dent. If you follow the link from the Motley Fool article, to page 85 of the CBO report, the data says that individual capital gains could be taxed at a 100% rate, not just on the 1%....on everyone, and it would not cover one year's budget deficit.