TAX INCREASES CAN'T SOLVE THE DEFICIT 
          IT'S A SPENDING PROBLEM STUPID
Current Taxation: In 2010, the federal government collected roughly $2.2 trillion in total tax revenue. Income taxes accounted for $900 billion of collections, or about 40% of all tax receipts. The federal government spent around $3.5 trillion; the resulting deficit of $1.3 trillion was made possible by borrowing.

If Obama's Tax increase on Families and Business earning over $250,000 were to solve the current $1.3 Trillion Annual Budge Deficit, tax rates would have to increase to 140%, which is more than they earn.