Obama's "tax the rich" numbers don't add up!

So, Obongo's "tax the rich" scheme is going to solve our debt problem eh?

Have a look at these numbers.....

Current Annual Deficit: 1.3 Trillion

Current income tax revenue: $1.1 Trillion

Income taxes paid by those earning $250,000 +: $500 Billion

Extra taxes to collected by Obongo's proposal: $50 Billion

Assuming no adverse impact on the economy (which could cause LESS revenue)....and assuming every penny of the new revenue goes towards deficit reduction instead of new spending(ROFL if you believe that!!!!)....then....

Our 1.3 trillion dollar annual deficit becomes a (drum roll please....) a 1.25 trillion dollar deficit.....

THEN WHAT????!!!!!!!

This scheme may go over well with the envious loser who worship Obongo.....but the math simply does not add up!