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Whatever we spend the “Buffett Rule” money on, we’d better do it fast.

April 10, 2012

Twitchy reports:

Tonight, President Obama’s official Twitter account asked its followers what they think revenue from his proposed tax on upper-income Americans — the Buffett Rule — could fund.

Huh. What could we buy? The “Buffett Rule” is supposed to bring in about $47 billion over 10 years, right?

Hey, $4.7 billion is nothing to sneeze at. It’s a lot of money. We could buy a lot of stuff! In fact, with that amount of money, we could finance the entire federal government for…

…not quite 12 full hours.

That’s right, folks: the entire revenue generated by the “Buffett Rule” would fund the government for half a day.

But, y’know, that half a day would come around once every year.

Totally worth it.

One Comment
  1. Steve Burri permalink
    April 10, 2012 6:37 pm

    It could fund some of the bureaucrats, their offices, and hardware that it takes to collect it.

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