How Would Obama's Economic Plan Really Work?

ObamaIf Obama truly believed we all can pay a little more, he could put his money where his mouth is. Mr. President, save $12 billion by abolishing the IRS and instituting a national sales tax of 26% on our $15.2-trillion economy to raise the $4 trillion to run your federal social justice program. Everybody would pay their fair share of the ever-escalating costs of government entitlement programs. Add in the local sales tax, and one third of every dollar goes to government costs! In about a week, everybody would be willing to cut government spending.