Taxing the rich is just a tactic to get votes.
Truth is if you think for one second taxing the rich will translate into paying any of the deficit down is laughable. They'll take that money and use it on more social programs.
We have a SPENDING PROBLEM not a revenue problem. The problem is we make $100000 a year and spend a million. The answer isn't to spend the same. The answer is to cut spending.
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Taxing the "rich" will only lead to killing off small businesses. Those that can't afford the taxes will fail and those who can afford the taxes, but don't want to deal with it will simply close shop and live off the money they have already earned. Raising taxes will just slow the economy, how about the gov't live within its means, like so many Americans have had to learn to do during this recession?
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