Because all the lefties are ONLY concerned about the Democrat mantra of raising taxes, but it won't matter if they took every dollar, there isn't enough to cover for the debt and spending.
Here's a popular view that's been shown for what it is:
Shocker: Warren Buffet’s “Tax The Rich” Plan Would Only Cut Budget Deficit By 12%
Rob Port • August 22, 2011
Billionaire and close Obama ally Warren Buffet has been waking waves for some time advocating for higher taxes on the rich. And the notion of a very rich man calling for much higher taxes on himself makes for good politics, to be sure, especially for those who want to raise taxes.
But as policy, it wouldn’t solve anything.
(CNSNews.com)The problem isn’t revenues. The problem is spending.
– Taxing millionaires
and billionaires more – a position advocated by billionaire Warren Buffett and President Barack Obama – won’t make much of a dent in the national debt
or the record federal budget deficits, a new study finds.
“Even taking every last penny from every individual making more than $10 million per year would only reduce the nation’s deficit by 12 percent and the debt by 2 percent,” the non-partisan Tax Foundation’s David Logan writes.
“There’s simply not enough wealth in the community of
the rich to erase this country’s problems by waving some magic tax wand,” said Logan.
The latest analogy making the email rounds is the couple returning to their home and finding the sewer has backed up and their home is full of Shewage. So the question is, should you raise the ceiling???? Or should you drain the Shewage.