A family making $300,000 would pay an additional $2000 in taxes.
A family making $1,000,000 would pay an additional $30,000 in taxes.
The additional taxes would have little, if any, effect on consumption of consumer goods.
This would generate approximately $6 Billion per year and would nearly cut the deficit in half. Bring the troops home from Iraq and Afghanistan and we have a balanced budget. Bring the unemployment down to 5% and we have a surplus.
Reinstating the Bush program and we have disaster. WE HAVE A CHOICE!