In response to:

Let the Real Fat Cats Pay Their Fair Share

Cal18 Wrote: Dec 13, 2012 9:06 AM
As long as Republicans can extract something significant--tax reform, entitlement reform, or real spending cuts guaranteed in a new law--I have no problem raising the top marginal rate as long as ALL small business owners are exempted. Will Smith and Matt Damon won't miss a million dollars. Neither will Beonce or Oprah or George Strait. The whole idea is silliness as it's one of those "fairness" things for liberals. Taxing all the 250k+ crowd yields maybe $70 billion a year. With deficits of 1,200 billion that brings them down to 1,130 billion. Big woop. But Dems will just spend every dollar so it's window dressing at best.

Who exactly were the rich who, as the president said, were not "paying their fair share"? The rapper Jay-Z (net worth: nearly $500 million)? The actor Johnny Depp (2011 income: $50 million)? Neither seems to have heard the president's earlier warning that, "at a certain point you've made enough money."

Could both zillionaires simply have quit making money at $10 million -- and thereby given their poorer audiences a break on ticket prices?

With all the talk of raising taxes on the supposedly conservative wannabes who make $250,000 per year, why not additionally levy a $3 surcharge on discretionary tickets for...