Stephen Farnsworth at the University of Mary Washington says it’s an idea that would battle the trend of recent years of taking on more and more federal debt.  “It’s very irresponsible to come up with year after year more and more debt, particularly when the economy is going full speed ahead as it is at the moment. This is a way to think about how to reduce the deficit, not increase it.”

“Millionaires Surtax” Considered as Federal Budget Balancer (WVTF)