The Obamanation

Originally Posted by TheMercenary

According to this economics professor at Princeton, simply a 5% increase in the form of a consumption tax would raise $500billion a year.

http://economix.blogs.nytimes.com/20...odays-economy/

More than enough to deal with many of our problems in a few short years.

$500 billion would barely cover the annual interest on the US national debt.