Basically the article states that in 2006 the US gov't brought in about $1 trillion in taxes. So we are about to ring up $2 trillion in debt over the next two years, so we need to double our taxes right? Well it's not that simple.
I'd also like to point out that there is only 10% of seperation in taxes between the top tax braket and my own lowly one, not to mention the article that I posted earlier about how the top 400 richest get away with a mean tax rate of 18% after deductions/loopholes. For me, I finally understand where that surplus went, into already full pockets - sweet!
From a commenter:
"I think this is really misleading since it assumes you would double all equal tax rates equally and pay for the whole thing in 1 year -- which is downright silly.