Here's a CNN article explaining what the impact on the budget would be if the Bush tax cut was repelled for people earning over 250 000$ a year.
http://money.cnn.com/2011/08/11/pf/tax_increase_rich/index.htm?iid=HP_LN
Basically it would bring an additional 750 billion dollars over a decade.
It won't fix the deficit in itself , but nonetheless it's a good start.








