What difference will the “Buffett Rule” make?

This trip around the mulberry bush is in response to a comment on this post.  I fat-fingered the number of people that will be affected by the Buffett Rule.  I said 400, and the true number is 400,000.  So here is the correction.  

Now, that would normally be enough, but thanks to the genius of M. Shapiro over at Political Math, I have a bit more detail to share.  

President Obama and Democrats have been talking up the Buffett Rule (a minimum 30% tax on people making over $1 million per year) for some time now. So what kind of difference does the Buffett Rule make?

I’ve seen revenue estimates between $30 billion and $40 billion over 10 years, but what kind of difference would that make in the scope of government finances?

Not too much.

And the visual says it all.  

Stacy on the Right

2012 National Debt Road Trip *Video*

At BlogCon Charlotte last week attendees were given a smorgasborg of delectable presentations that showcased a realm of talent that bordered on the absurd.  One such video was so unforgettable, so straighforward, so well done, that I had to share it.  It’s not just a video, it’s a shocking visual on where this country is headed under the unleadhershippy leadership of Obama.

Enjoy!

via Political Math

Back in 2009 I made a visualization about the deficits we were expecting under President Barack Obama. I called it the “National Debt Road Trip” and it was moderately popular.

Today, after nearly 3 years, I have updated it with a new video:

 

And before my Liberalicious trolly riders get all het up and start blasting the blog with 400 word comments on how “This can’t be right and it was all Bush’s fault, so lay off my baby Barack!” Please take a look at the source material for this video here.  Now.  Fire away…

Stacy on the Right

Romney’s primary victory speech

Here is what all of the hubbub is all about:

via CBS:

http://cnettv.cnet.com/av/video/cbsnews/atlantis2/cbsnews_player_embed.swf

Take aways: This quote is gold, very Reaganesque.

“Tonight is the beginning of the end of the disappointments of the Obama years and the start of a new and better chapter that we will write together.”

Best of the night: 

“Four years ago Barack Obama dazzled us in front of Greek columns with sweeping promises of hope and change.  But after we came down to earth, after the celebration and parades, what do we have to show for three and a half years of President Obama?

Is it easier to make ends meet? Is it easier to sell your home or buy a new one?  Have you saved what you needed for retirement? Are you making more in your job?  Do you have a better chance to get a better job?  Do you pay less at the pump?”

 The questions he is asking are the very ones on most Americans minds. That is the road to the Presidency. 

 

SOTR