Bill Gates (Joins Buffet): I don't pay enough tax

[Spoonman]

26. Realize this

If the gubmint (IRS) confiscated EVERY penny (net worth) of top 400 richest people in the country (I'm not talking about just taxing what they will make each year, I'm saying take every penny the have right now) it would only total roughly 1.5 trillion dollars.

We are 15 trillion dollars in debt.

$2 trillion is earned per year by those with incomes greater than $100,000 per year

Our budget deficit is 1.3 trillion for 2012

An average tax rate on all incomes $100,000 and up of 65% we would generate 1.3 trillion dollars

$150K is by no means rich, it just means you have two incomes.

You say BS?

Everyone knows teachers are underpaid, but we never think of them as rich do we?

A family with two school teachers earns $110,700 per year based on the 2010 national average of $55,350.

If you were screaming "hell yes tax those over $100k", then you must really dislike the salaries teachers are paid!

Only an idiot would believe that the only solution is higher taxes.

49 percent of Americans pay no federal income taxes at all.

Yes, we have to raise taxes (ON EVERYONE!!!!!!)

AND - We have to cut spending TOO!