But last week, we had a separate vote on a part of the jobs bill that would put 400,000 teachers, firefighters and police officers back on the job, paid for by asking people who make more than $1 million to pay one-half of 1 percent in additional taxes. For somebody making $1.1 million a year, that’s an extra $500. Five hundred bucks. And with that, we could have saved 400,000 jobs.
Most people making more than $1 million, if you talk to them, they’ll say, I’m willing to pay $500 extra to help the county. They’re patriots. They believe we’re all in this thing together. But all the Republicans in the Senate said no. (Emphasis added).
This from the brilliant man who attended Harvard Law, Columbia University and Occidental College.
More on Obama’s math skills:
But even if the president meant to say $5,500, his math continues to pose some challenges. According to the IRS, a total of 235,413 taxpayers earned more than $1 million last year. If each “was willing to pay $[5,]500 extra to help the country,” that would generate only $1.3 billion in revenue — approximately what the federal government spends every three hours. Wouldn’t it be just as patriotic for President Obama to turn off the federal spigot for three hours and dedicate the savings to funding those 400,000 jobs?
What do you expect from the guy who visited all 57 states.
